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Haiti: Public Expenditure Management and Financial Accountability Review (World Bank Country Study)

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Eforming its public financial management system However significant challenges remain to improve efficiency transparency and Accountability Moreover The Growth Poverty Response Of Moreover the growth poverty response of improved system has been limited Haiti remains one the poorest countries in response of improved system has been limited Haiti remains one the poorest countries in world Accelerating growth and reducing poverty will reuire bold policy actions with a strong emphasis on fiscal reforms However even with the best fiscal "Reforms It Is Unlikely That Haiti Will Achieve In The "it is nlikely that Haiti will achieve in the futu. .
This book summarizes the key findings and policy recommendations of a comprehensive diagnosis of a Public Expenditure Management and Financial Accountability Review PEMFAR The PEMFAR is an exercise which integrates the analysis of a Public Expenditure Review a Country Financial Accountability Assessment and a Country "Procurement Assessment Report The Analysis Focuses On "Assessment Report The analysis focuses on linkages between public finance growth and poverty Over the past years Haiti has made good progress in ,
Re the high growth rates "REUIRED TO SIGNIFICANTLY MOVE THE COUNTRY "to significantly move the country of the poverty trap More foreign aid and predictable flows are needed to support economic growth and help overcome some of the vicious dynamic circles that lock Haiti in a low growthhigh poverty euilibrium and improve living standards In this context effective management of aid Flows Is Crucial To is crucial to that their potential growth enhancing poverty reducing and human development improving effects materiali.