After Two Weeks of Malfunction of the SPIH and PRONAP, Economist Enomy Germain Analyzes the Impacts and Consequences

Economist Enomy Germain analyzed the impacts of malfunctions in certain payment mechanisms of the Central Bank of Haiti (BRH) on economic activities. Invited to the Magik9 morning show on Thursday, June 22, the economist highlighted the negative consequences of the malfunctions of the Haitian Interbank Payment System (SPIH) and the National Payment Processor (PRONAP).

Jonasson Odigène
Par Jonasson Odigène
22 Jun 2023 | Lecture : 3 min.

When asked about the services affected by these malfunctions, Enomy Germain emphasized that central banks have the mission of promoting "the development and management of the payment system, which refers to the way payments are conducted in the economy."

"The technical problems faced by the BRH affect three specific subsystems. First, there is the Haitian Interbank Payment System (SPIH), which allows for bank transfers between commercial banks. Then, there is the National Payment Processor (PRONAP), which facilitates

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