Friday, September 23, 2011


(Haiti Libre) -

This week, economists of International Monetary Fund (IMF) reported that the global growth could be limited to 4%. They explain that if the United States and Europe fail to meet their commitments, there is a risk of recession, which could produce a domino effect on other economies.

The economist Eddie Labossière, President of the Association of Haitian Economists (AEH), shows little optimism about the global economic situation, saying that it is an unfavorable situation for Haiti; which has very few alternatives, than funding from abroad, for its development.

He considered abnormal, that more than 60% of the state budget comes from abroad and invites the country's economic actors into a national dialogue to present problems of the country and finding solutions for removing the country from the difficult situation in which it is.

The Haitian economist said that he expects no significant economic benefits from the participation of the Head of State in the 66th UN General Assembly, held in New York. "Given the global economic situation, it is not obvious evident that the Head of the State can obtain an increase in aid or more investment from abroad."

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