Tuesday, July 24, 2007

Haiti passes first IMF review, $11.7 mln released

(Reuters) - "Haiti has made commendable progress on its path of
economic and social stabilization. Significant economic
reforms have been implemented nad the security situation has
improved markedly," said Murilo Portugal, IMF deputy managing
director, in a statement




Portugal said Haiti's performance under the poverty
reduction and growth facility arrangement has been strong and
performance criteria were met, but growth had lagged slightly
behind expectations. It will be important for Haiti to improve
its rate of budget execution, he said.


Read more at Reuters.com Bonds News

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