Economy

IMF: Haiti GDP Projected to Grow By 6.5 Percent in 2013


Haiti’s economy is projected to grow by 6.5 percent in 2013, according to the International Monetary Fund’s latest World Economic Outlook.

That number is in line with a projection made by the IMF in late 2012.

Haiti’s economy grew 2.8 percent last year, although it had been projected to grow at a significantly higher rate. The IMF said the reduction was due in part to a series of crippling tropical storms and low execution of public capital spending.

A January projection by the World Bank forecasted a 6 percent growth rate for the country this year. via  Caribbean Journal

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