PORT AU PRINCE, Haiti, CMC – The International Monetary Fund (IMF) says the yearly economic growth for Haiti in 2013 will be limited to 3.4 per cent and blamed a weak recovery of agricultural production for the situation.
The Washington-based financial institution Wednesday said that one of its missions had ended a one week visit to Haiti to review the External Credit Facility (ECF) and held talks with Prime Minister Laurent Lamote and other stakeholders.
Boileau Loko, who headed the mission, said implementation of the ECF-supported programme is broadly on track and “despite a relatively strong performance of non-agricultural sectors, preliminary data indicate that a weak recovery of agricultural production will limit the yearly growth rate of gross domestic product (GDP) to about 3.4 per cent in 2013, below the programme forecast of 6.5 per cent”.