Thursday, in accordance with disbursement schedules of budget support program of the European Union (EU) for the consolidation of the Haitian state, the 3rd and final disbursement of fixed and variable installments for the year 2015-2016 has been finalized. A total of just over 25 million has been disbursed to the 2015-2016 budget including 15 million for the installment and 10 million euros for the variable installment, or 83.75% of the maximum amount.

This disbursement made after an analysis of the request of the Haitian Government submitted in June 2016, documenting the achievement of general and specific conditions of budget support program for the consolidation of the State.

This program will continue throughout 2017 on the component of institutional strengthening to support the extensive process of public finance reform and of the administration, in which the Haitian government committed. This is for Haiti to strengthen the management system and of mobilization of its public resources with a particular emphasis on transparency and the fight against corruption, essential for the implementation of development policies and poverty reduction.

Recall that it was in 2014 that Haiti and the European Union launched the budget support program for the consolidation of the State valued at €112 million [from the 10th EDF] deployed over 3 years.

HL/ HaitiLibre