Haiti - Economy : «Unprecedented degradation of the national economy» - HaitiLibre.com : Haiti news 7/7





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Haiti - Economy : «Unprecedented degradation of the national economy»
08/10/2019 10:28:53

Haiti - Economy : «Unprecedented degradation of the national economy»
In a note, the American Chamber of Commerce in Haiti (AmCham) notes that the Haitian people who already live in conditions of extreme poverty, is now "taken hostage, by a political war on behalf of this same people, where confront the Executive power, the Legislative power and the 'opposition', leaving only destruction of goods and people in its path."

Given the persistence of this situation AmCham notes that the general climate of insecurity that affects the Haitian population as a whole causes "[...] an unprecedented deterioration of the national economy which is gradually destroying the formal sector of business : Inflation exceeding 19% https://www.haitilibre.com/en/news-28646-haiti-flash-inflation-explodes-and-approaches-20.html , a depreciation of the national currency close to 40% https://www.haitilibre.com/en/news-27035-haiti-economy-depreciation-of-the-gourde-the-banks-are-not-responsible.html and lack of a national budget for 2 years consecutive https://www.haitilibre.com/en/news-28913-haiti-economy-2nd-fiscal-year-in-a-row-without-approved-budget.html . We also note the failure of the Executive and legislative branches to work together to put in place an effective Government that can at least meet the basic needs of the people.

What are the consequences for the Haitian population as a whole, if our leaders persist in this direction ? The path is clearly drawn to bury our Homeland in misery, insecurity and total anarchy, because the approach chosen so far has unfortunately failed.

We therefore ask the President of the Republic, Jovenel Moïse, senators, deputies, and opposition actors, to show humanity and respect towards the Haitian population, who can not continue to subsist under the conditions current.

We ask you to agree to put aside your various interests and to focus this time on the common interests of the Nation. We ask you to behave as statesmen and make the necessary decisions to bring the country out of chaos, because time is of the essence!

This, dear leaders, is a patriotic cry. We hope you will listen to it."


HL/ HaitiLibre

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