September 1, 2023
Haiti faces a challenging macroeconomic outlook amid a dire humanitarian crisis. The country has been hit hard by the economic spillovers from Russia’s invasion of Ukraine, with food price inflation triggering a hunger crisis. This global shock has been compounded by a highly volatile security situation, which has heightened the economy’s fragility, hampered activity, and generated supply-side bottlenecks which have further fueled inflation. The flash floods which hit the country in early June caused loss of life and damage to key infrastructure. Risks to the outlook remain substantial.
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