Identifier
Created
Classification
Origin
09PORTAUPRINCE564
2009-06-15 18:27:00
UNCLASSIFIED
Embassy Port Au Prince
Cable title:  

HAITI ECONOMIC WEEKLY UPDATE FOR JUNE 6 TO JUNE 12, 2009

Tags:  ECON ENRG EAID EAGR EINV ETRD BEXP HA 
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P 151827Z JUN 09
FM AMEMBASSY PORT AU PRINCE
TO SECSTATE WASHDC PRIORITY 0034
INFO HAITI COLLECTIVE PRIORITY
AMEMBASSY SANTO DOMINGO
UNCLAS PORT AU PRINCE 000564 


STATE FOR WHA/EX AND WHA/CAR
S/CRS
SOUTHCOM ALSO FOR POLAD
STATE PASS AID FOR LAC/CAR
INR/IAA
WHA/EX PLEASE PASS USOAS

E.O. 12958: N/A
TAGS: ECON ENRG EAID EAGR EINV ETRD BEXP HA
SUBJECT: HAITI ECONOMIC WEEKLY UPDATE FOR JUNE 6 TO JUNE 12, 2009

UNCLAS PORT AU PRINCE 000564


STATE FOR WHA/EX AND WHA/CAR
S/CRS
SOUTHCOM ALSO FOR POLAD
STATE PASS AID FOR LAC/CAR
INR/IAA
WHA/EX PLEASE PASS USOAS

E.O. 12958: N/A
TAGS: ECON ENRG EAID EAGR EINV ETRD BEXP HA
SUBJECT: HAITI ECONOMIC WEEKLY UPDATE FOR JUNE 6 TO JUNE 12, 2009


1. (U) Summary. This is a weekly report on a variety of topics of
interest which do not merit full reporting cables. End summary.


2. (U) PRIVATIZATION OF TELECO. The Haitian Central Bank (BRH)
published a Memorandum of Understanding inviting private enterprises
to bid on modernizing Teleco, the parastatal telecoms company.


3. (U) H1N1 VIRUS. The Haitian and Dominican Ministers of Health
agreed to work jointly on preventing the spread of the H1N1 Virus in
both countries. Despite suspected cases in the DR, to date there
has not been a confirmed case in Haiti.


4. (U) 2008 POST-HURRICANE REPORT. The Prime Minister announced the
imminent publication of a detailed report on the disbursement of GoH
emergency funds for post-hurricane rehabilitation. She indicated
that the USD 197 million, taken from the GoH PetroCaribe Fund (funds
gained from the resale of subsidized fuel from Venezuela),was not
sufficient to repair all the damage caused by the hurricanes of

2008.


5. (U) OAS ASKS FOR GREATER SUPPORT FROM CARICOM. Assistant
Secretary General Albert Ramdin of the Organization of American
States (OAS) urged CARICOM countries to provide greater support for
Haiti. Ramdin said that CARICOM has a moral obligation to provide
more political commitment and economic/financial support to Haiti.


6. (U) ECONOMIC FREEDOM SURVEY. Haiti, with a score of 50.5 out of
100, ranked 147 of 179 countries worldwide in the 2009 Index of
Economic Freedom published by the Heritage Foundation, just behind
Russia. This overall score improved 1.5 points since 2008. Haiti
ranked 26th out of 29 countries in the South and Central
America/Caribbean region. The 50.5 score places Haiti in the
category of "mostly unfree", just above "repressed".

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