Haitian stability boosts aid and investment hopes

Subject

Aid and development in Haiti.

Significance

On April 21, the EU announced a new aid package for Haiti. While part of this aid will be directed towards reconstruction projects, some will be allocated to the new government’s ambitious infrastructure investment plan. The scale of this plan means that the administration of President Jovenel Moise will also seek to win funding from other potential donors.

Impacts

• While Moise's government provides some stability and leadership, it remains controversial and any mistakes could quickly trigger protests.
• Tenders will come under close scrutiny given heightened corruption suspicions in the wake of the regionwide Odebrecht scandal.
• If successfully funded, improved employment prospects could boost economic growth and relieve migrant pressure on the Dominican Republic.
• If US funding is reduced, Haiti could look to diversify its sources of aid, particularly within the Caribbean Community.