Can the country benefit more from diaspora money?

Economist Pierre-Marie Boisson believes that the government must adopt appropriate public policies to "recycle" the portion of transfers that goes into the banking system, with the aim of redirecting "borrowers towards noble jobs.

Germina Pierre Louis
Par Germina Pierre Louis
16 Jan 2024 | Lecture : 3 min.

Economist Pierre-Marie Boisson believes that the government must adopt appropriate public policies to "recycle" the portion of transfers that goes into the banking system, with the aim of redirecting "borrowers towards noble jobs."

Transfers from the diaspora without counterpart constitute the backbone of the Haitian economy, which is undermined by continuous crises in the country. "Through the circulation of money in Haiti and what it does, there is a portion that remains in the banking system because

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