economie

Housing in Port-au-Prince: A Growing Luxury

Housing in Port-au-Prince: A Growing Luxury

In 2024, Haiti’s internal displacement crisis worsened, with more than 700,000 people forced to leave their homes, according to the International Organization for Migration (IOM). This tragedy has exacerbated an already precarious housing market, where rents have soared to astronomical heights, making housing an unattainable luxury for most Haitians.

Monetary Policy and Aggregates Report for Q4 2024

Monetary Policy and Aggregates Report for Q4 2024

In its Monetary Policy Note for the Fourth Quarter of the 2023-2024 Fiscal Year (July-September 2024), the Bank of the Republic of Haiti (BRH) analyzed the "Monetary Policy Decision" focused on stabilizing prices and the exchange rate, as well as the "Monetary Aggregates" for Q4 2024. The significance of this document prompted Le Nouvelliste to share its findings with readers in this article.

Pierre Marie Boisson: "Insecurity, a Poison for the Haitian Economy"

Pierre Marie Boisson: "Insecurity, a Poison for the Haitian Economy"

Speaking as a guest on the morning panel of Magik 9 radio on January 8, 2025, economist Pierre Marie Boisson stated that "insecurity generates inflation but is also a poison for Haiti’s economy in multiple ways." His observation comes as Haiti faces its sixth consecutive year of negative economic growth, with an estimated contraction of -4.2% for 2024. Widespread insecurity, combined with chronic political instability, hinders any hope of recovery.

$4.1 Billion in Unrequited Transfers Recorded in 2024

$4.1 Billion in Unrequited Transfers Recorded in 2024

For the year 2024, remittance inflows to Haiti surpassed the $4 billion mark, revealed the governor of the Bank of the Republic of Haiti (BRH), Ronald Gabriel, during his participation in the program Grands rendez-vous économiques on January 2, 2025.

BRH Calls Attention to Unequal Credit Access for Women in Haiti

BRH Calls Attention to Unequal Credit Access for Women in Haiti

The latest monetary policy note from the Bank of the Republic of Haiti (BRH) highlights significant disparities in credit allocation. With over 60% of loans granted to men, both in gourdes and foreign currencies, women struggle to access financing despite their substantial role in the economy.

BRH Governor Outlines Positive Developments in Haiti's Economy

BRH Governor Outlines Positive Developments in Haiti's Economy

Unsurprisingly, Haiti’s economy has recorded its sixth consecutive year of negative growth, at -4.

Alfred Metellus Plans to Tackle Negative Growth Trends

Alfred Metellus Plans to Tackle Negative Growth Trends

In 2024, Haiti's economy contracted by -4.

Moratorium: BRH Renews Its Only Support Program for Entrepreneurs Hit by Insecurity

Moratorium: BRH Renews Its Only Support Program for Entrepreneurs Hit by Insecurity

According to Circular 115-6, from October 1, 2024, to September 30, 2025, financial institutions may grant moratoriums on loans to eligible borrowers.

The Grueling Journey from Cap-Haïtien to Port-au-Prince

The Grueling Journey from Cap-Haïtien to Port-au-Prince

After a week of continuous downpours in the city of Cap-Haïtien, the road infrastructure in the city and the routes connecting this northern metropolis to the department of the West have been severely tested. This situation greatly inconvenienced travelers on the road to Haiti’s capital during the past weekend. One passenger, Arold, shared with Le Nouvelliste the details of his nightmare journey on this route.

Renewing the HOPE/HELP Act: A Race Against Time

Renewing the HOPE/HELP Act: A Race Against Time

The renewal of the HOPE/HELP Act through 2035 is crucial for Haiti’s textile industry, emphasized Georges Sassine during an interview on Magik 9 on December 4, 2024. As U.S. political tensions slow the process, coordinated efforts are underway to safeguard jobs and attract new investors to the country.