Economy and Finance

This is a picture of Bernard Degraff, Director-General of ONA. Bernard Degraff went in front of the Haitian Senate on April 29, 2013 to answer charges of frauds and corruption while managing ONA. He was advised to step down from his position. The request was made by the Committee of Security and Justice Haitian Senate headed by Pierre Francky Excius.

Bernard Degraff also received some aggression from his former employees.

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Here is a picture of Haiti Bank National de Credit. The Haitian banking system has a lot of issues that it has been dealing with. Due to the lack of a stable and trustworthiness of the banking system in Haity, it has prevented the Haitian economic from a real development.

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The popular Haitian economist did not paint a bright picture regarding the Remobilized Haitian Soldiers. Kesner Pharel stated: "The state is in all countries, the monopolist of violence. When there is competition in the violence, the state does not exist,". He further mentioned that the security of the people in Haiti is not certain becaouse of so many armed individuals

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Here is a picture of Haiti currency, specifically Gourde and dollar.

The first Haitian money which is the gourde started in circulation 1813, some 10 years after its independence. It replaced a previous currency called the livre. The Haitian Gourde was valued at the time at 8 livres.

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Here is a tablle of Haiti's economy. As it shows hereHaiti is projected to grow 6 percent in 2012, followed by 7.5 percent GDP growth in 2013. This is based on an Economic Survey of Latin America and the Caribbean by the UN Economic Commission for Latin America and the Caribbean in 2012

Haiti was expected to grow at a faster rate, specifically arount 8 percent

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Here is a picture of huge amount of cash found in a room. This amount of money are usually found due to drug activities where the owner or ownerd are not able to deposit the cash in a normal bank.

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Haiti is considered to be a consuming society. Most of the products consumed in the country are imported and consequently cost the country a lot of resources. Some of the most frequently imported products by Haiti in 2008 include: Rice: $199.3 million, Wheat: $64.6 million, Pharmaceutical preparations: $40.3 million, Meat and poultry: $33.8 million and tther foods: $26.8 million

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Here is a rare picture of a Haitian currency back in the time.

The Haitian money system, their currency or the Haitian gourde has changed repeatedly over the years. In 1846 and yet again in 1850 they minted a 6.00 centime.

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This is a picture of haiti currency at the beginning of their existance as a nation.

The Haitian government issued several bank notes which had different values. The Haitian gourde came in the following denominations 1, 2, 5, 10, 20, 25, 50, 100, and 500 gourdes.

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Here is a picture of the logo for Interamerican Development bank(IDB) as it proposed to created a Social Investment Fund(SIF) in Haiti to make financing more easily accessible. The plan is to have funds available in order to provide Micro financing for various projects. The Interamerican Development Bank wants the projects to be focused mainly in the areas of agriculture.

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