Haiti - FLASH : The Government adopts a budget of 198.7 billion, all the details
Friday, June 5, the Council of Ministers, in the absence of a 2019-2020 Parliament, adopted the budget for the 2019-2020 fiscal year.
This budget composed of current revenue, + grants + Loans + financing amounts to 198.7 billion Gourdes, an increase of 53.1 billion (+ 36.47%) compared to the 2017-2018 amending budget, renewed in 2018- 2019 (145.6 billion).
The Budget notably provides tax revenue of nearly 90 billion gourdes as well as more than 19 billion in project aid from the World Bank, the Inter-American Development Bank (IDB) and the European Union; more than 19 billion in aid from foreign countries Canada, Spain, Japan, Taiwan and more than 55 billion in funding (Taiwan, Treasury Bill and BRH Loan) among others.
