Economy

The Haitian economy ends the year 2017 with a failing grade

Haiti Economics -- In a text published by Le Nouvelliste, Economist Thomas Lalime presented a balance sheet of the national economy. The Haitian economy got a failing grade...

Money talks: Haiti is losing big money by not accommodating expats from the United States and Canada

Expatriate Economics: Many middle-class men and women retiring in the United States, with the little pension money they have, are looking for another country nearby where they can live reasonably well without spending too much. Haiti could have taken advantage of that but we are not.

It's Christmas season in Haiti and I am not in a Holiday mood, Are you?

Can you believe this? I've only spotted one Christmas tree in the city of Hinche Haiti where I live. It's at my cousin's beauty salon. Of course there are no wrapped gift boxes beneath it...

A meal costs 60 times more in Haiti than in New York, the World Food Programme says

A World Food Programme (WFP) publication examined the true cost of a plate of food around the world and, can you believe, a simple meal in Haiti costs 60 times more than in New York. Read this, you will be shocked...

Haiti is not in debt, Haiti is a creditor, it is France which owes Haiti money

France has probably never forgiven Haiti for the tens of thousands of slaves who rose up in the armed uprising that led to history's first abolition of slavery resulting in the loss of revenue from its slave system and thousands of destroyed sugar and coffee plantations.

Haiti, once a major Cane Sugar producer, is now importing Sugar from Europe for consumption

"Even Haiti Is Buying European Sugar," a Bloomberg article headline reads. Haiti, once a major grower of cane in the Caribbean, is now buying sugar produced in sugar beets farms in Europe.

Haiti Electricity: BID president Luis Alberto Moreno criticizes the 3 big private providers of electricity to EDH

Luis Alberto Moreno, president of the Inter-American Development Bank (IDB), did not hold back on his criticism of three private companies that supply electricity to National Electricity Company (Electricité d'Haiti - EDH). He demolished them, Le Nouvelliste says...

Haitian-Americans, are you saving money for College or for your Retirement? Read this...

I know many Haitian-Americans who will not agree with this statement but... No matter your net worth, you should never put college savings ahead of retirement... Why? Keep reading...

Haiti Government passes new Labor Law to allow working the Night Shift

A new Haiti Labor just published in the government's official newspaper Le Moniteur now allows 3 eight-hour shifts in a working day... Finally in Haiti, workers can work the night shift; a factory will be able to operate at full capacity.

The Economy (money system) explained in 30 minutes - How does this apply to Haiti's Economy?

Did you now this... CREDIT is the most important part of the economy... Guess what? Credit is non-existent in the Haitian economy... I mean, really... If there is a way to build good credit in Haiti and use it to buy a car, a house or start a business, I do not know anything about it.