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Haiti - Economy : Minister Monazard discusses factors to promote economic recovery 14/03/2025 10:30:21
He also highlighted a range of opportunities implemented or under consideration by the Ministry to specifically address this need, which he described as "urgent" for the entire population, particularly young people and women. Announcing that "[...] students in fields related to finance and economics will have the opportunity to support individuals involved in small and medium-sized enterprises, which will receive financial support from the MCI," Monazard also emphasized the "delocalization of the national budget," stating that the country's two major regions, the North and the South, will have infrastructure adapted to a range of major investment projects, as is the case in the West. With this in mind, he indicated that the government has already begun by establishing projects such as the Antoine Simon International Airport in Les Cayes and many other projects that are already underway (without naming them). Further, Minister Monazard expressed his awareness of the importance of technology in today's world and promised that he would advocate with the relevant authorities for an update of commercial laws to regulate digital commerce for the benefit of Haitians who use the internet to conduct business. He also emphasized the importance of the tourism sector in a country like Haiti, where the climate is favorable to anyone wishing to visit the country. He highlighted the need to seriously address this sector to facilitate the recovery of the national economy. It should be recalled that on Tuesday, March 11, 2025, as part of the "Tuesdays of the Nation," Monazard presented various programs and tools implemented within his Ministry to support the national economy, including the Youth Entrepreneurship Support Program (PAPEJ), reactivated after a six-year hiatus, and initiatives promoting women's entrepreneurship. He stated, "Since the relaunch of PAPEJ in December 2024, more than 850 business plans have been received." This illustrates the growing interest of young people in entrepreneurship" https://www.icihaiti.com/en/news-44031-icihaiti-papej-support-for-youth-entrepreneurship-call-for-applications.html Furthermore, that same Tuesday, he expressed his commitment to the craft sector, particularly through a support program for shoemaking and sewing aimed at revitalizing these sectors. Mindful of the economic challenges, the Minister also emphasized that the Haitian government, through its administration, was committed to supporting the renewal of the HOPE/HELP Act, which plays a crucial role in accessing Haitian products to the American market https://www.haitilibre.com/en/news-44404-haiti-economy-the-bipartisan-bill-help-extension-act-is-being-considered-again-in-congress.html . Finally, he assured that he would continue his efforts to regulate the market, support local businesses, attract investment, and foster a more stable and competitive business environment. HL/ S/ HaitiLibre
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