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Haiti - Covid-19 : President Moïse announces a package of economic relief


Haiti - Covid-19 : President Moïse announces a package of economic relief

In order to reduce the negative economic effects of Covid-19 in Haiti, President Moïse unveiled a series of measures in his address to the Nation (March 27).

To keep these promises, Moïse relies on the commitment of international donors, including among others: the Inter-American Development Bank BID https://www.haitilibre.com/en/news-30394-haiti-health-$50m-from-the-idb-for-the-fight-against-covid-19.html ; the World Bank, the International Monetary Fund (IMF) https://www.haitilibre.com/en/news-30381-haiti-covid-19-the-imf-will-help-haiti.html , the European Union, the American Agency for International Development (USAID), Canada, France and other friendly countries and on the decommissioning of resources allocated to non-priority public investment projects.

List of Measures :

  • Postponement by 3 months of the date of payment of income tax for businesses and individuals;

  • Extension of 3 months of the validity of the tax discharge for companies from the expiration date;

  • Postponement to June 30, 2020, of the Land Contribution of Built Properties (CFPB);

  • Ability to split the tax payment for companies that filed for bankruptcy last January;

  • Three-month moratorium on fines payable by companies that fail to submit their financial statements on time;

  • Removal of fines and penalties due to late payment until June 30, 2020;

  • Establishment of a customs clearance unit for medical and other equipment and materials in one day;

  • Cash transfer to 1.5 million families with 5 to 6 members;

  • Subsidy to nearly 100,000 private sector teachers and university professors;

  • Mass distribution of Food Kit;

  • Payment of salaries to more than 55,000 textile subcontracting employees whose factories are closed following the declaration of State of Health Emergency at least until April 3, 2020 https://www.haitilibre.com/en/news-30311-haiti-flash-president-moise-declares-a-state-of-health-emergency-text-of-the-order.html ;

  • Special bonuses for healthcare workers and the police;

  • Subsidy to the Transport sector ...

In addition, an economic recovery plan is being drawn up, which will include, among other things, stimulating growth, facilitating access to credit and the implementation of investment projects with socio-economic impact.

See also :

https://www.haitilibre.com/en/news-30394-haiti-health-$50m-from-the-idb-for-the-fight-against-covid-19.html

https://www.haitilibre.com/en/news-30381-haiti-covid-19-the-imf-will-help-haiti.html

https://www.haitilibre.com/en/news-30345-haiti-news-zapping.html

https://www.haitilibre.com/en/news-30321-haiti-politic-prime-minister-jouthe-takes-stock-of-the-situation.html

https://www.haitilibre.com/en/news-30311-haiti-flash-president-moise-declares-a-state-of-health-emergency-text-of-the-order.html

TB/ HaitiLibre



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