A restructure and revamp of the financial system is necessary for the development to take place. See the internal proposed reformation that will open the country for business. There are responsibilities that the BRH should undertake to ensure the growth of enterprises in partnerships with financial institutions that will enforce regulations (see internal Proposal for details).
There is a need to enable the registration of businesses both in bricks and mortar and virtually (with the use of agents). The authorization of such creation should be processed responsibly and with licenses issued and regulations of certain aspects relative to activities regulated by the BRH. There is a need to increase the M's of money.
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Work with the BRH and financial institutions will play a major role in the developmental factor of the Republic.
Current proposal available will allow for the improvements that will engage 48,000 licenses and many more jobs in this sector alone.
A bypass and /or New Act is necessary for the expedited processes to allow for the welcoming of new and fruitlul enterprizes. (see internal Proposals)
SAR is a contract organization that will work with all sectors to facilitate, negotiate and transform trade for the beneficiary patrons involved. Key partners are necessary to produce results and innovate for a dimmer of light to shine on the darkest of days.
| Central Bank | Bank of the Republic of Haiti |
|---|---|
| Currency | Gourdes (HTG) |
| International Reserves | USD 2.4 billion (2018) International Monetary Fund (IMF), data retrieved October 2019 |
| Gross Domestic Product – GDP | USD 9.5 billion (2018, estimate) |
| GDP (Purchasing Power Parity) | Intl$ 20.7 billion (2018, estimate) |
| Real GDP growth | 2007 3.3% 2008 0.8% 2009 3.1% 2010 -5.5% 2011 5.5% 2012 2.9% 2013 4.2% 2014 2.8% 2015 1.2% 2016 1.5% 2017 1.2% 2018* 1.5% *Estimate |
|---|---|
| GDP per capita – current prices | USD 856.8 (2018, estimate) |
| GDP per capita – PPP | Intl$ 1,864.4 (2018, estimate) |
| GDP (PPP) – share of world total | 1980 0.05% 1990 0.04% 2000 0.02% 2010 0.02% 2019* 0.02% |
| GDP – composition by sector | agriculture: 22.1% industry: 20.3% services: 57.6% (2017 estimate) |
| Gross domestic expenditure on R&D; (% of GDP) | N/A |
| Inflation | 2015 7.5% 2016 13.4% 2017 14.7% 2018* 12.9% 2019* 17.6% *Estimate |
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