Economy

Remittances to Haiti Estimated at Nearly 31.2 % of GDP

A new report published by the Global Knowledge Partnership on Migration and Development (KNOMAD) suggest that remittances to Haiti may account for nearly 31.2 % of the country’s GDP. In KNOMAD’s most recent publication, Migration and Development Brief 28, the research hub delivers thoughtful insights on the trends affecting the

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Economy

Haiti Diaspora Tax Explained

On August 28th, the Minister of Haitians Living Abroad, Stephanie Auguste, along with the Minister of Economy & Finance, Jude Alix Patrick Salamon, held a joint press conference to address widespread public concern over a proposed 10,000 Goud Tax (≈ U.S. $158) and a rumored $186 fee that all Haitian diaspora would be required

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Economy

World Bank Approves $20 Million for Post-Matthew Reconstruction

On June 8, 2017, the World Bank issued a press release announcing that its Board of Executive Directors had approved a $20 million grant to assist Haiti in the rebuilding of roads and bridges damaged across much of the southern region by Hurricane Matthew. The $20 million grant is part

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