[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]
#1900: Gourde depreciation, elections, elatriye (fwd)
From: Max Blanchet <MaxBlanchet@worldnet.att.net>
According to SICRAD, the Gourde has tumbled
to 20 per dollar on the informal market for the
first time since the coup years.
Haiti's Central Bank intends to strengthen the
Gourde through the purchase of dollars using
its reserves. Haitian economists doubt this can
be done given that reserves amount to US$ 250
million while Haiti imports on average US$ 60
million worth of goods and services monthly.
Haiti's Finance Minister has declared that "la
rigueur est de mise" meaning that more belt-
tightening is ahead for the GOH and the ...
Meanwhile, the protestant - based MOCRENHA
(Mouvement Chrétien pour une Nouvelle Haïti)
is playing a large and visible role in the political
arena as it is among the parties that have fielded
the largest number of candidates for the coming
elections. SICRAD's analysis of this phenomenon
corroborates analyses presented recently by
Haïti en Marche and Haitian Times.