haitian 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.

There has been a sharp increase in money transfers to Haiti from Chile. Haitians in Chile transferred $36 million to Haiti in 2016. Compare that to only $7.4 million the year before.

A group of Haitian professors and businessmen sat on a round table recently discussing the most immediate way to positively impact the Haitian economy today. One of them said: "If the value of the Haitian currency (gourde) were to increase slightly compared to the US dollar, this would be an immediate relief to parents across the country."

Have you ever wondered how the US dollar affects the Haitian economy? I just realize life in Haiti is NOT more expensive then it was before, it's just the US dollar that is to high... Read this and you will understand...

I was watching a video called "Circular Flow of Income - How the different components of an economy interact" and it made me realize why Haiti is so POOR as a country... Plain and simple, The Haitian flow of income is FLAT, it is NOT Circular... Our economy does NOT grow, it flows out to other countries..

There are 19.36 gallons of Gasoline in a barrel of crude oil but many people in Haiti are misled to believe the number is 42... The people are being misinformed... Everyone on the radio is telling the public "there are 42 gallons in a barrel of crude oil" but they fail to tell the people NOT all of it is Gasoline...

Haiti is embarking upon a development plan that is aimed at making it an "emerging country by 2030," Prime Minister Laurent Lamothe said...

POP QUIZ: Jean Pierre is a Haitian immigrant who lives and works in the United States, he makes a USD $50 money transfer to Marie Michelle in Haiti. How long will it take before that $50 leaves Haiti? In other words... All this money coming into Haiti via remittences via Western Union, Cam Transfer, UniTransfer and Moneygram, how fast is it leaving the country?

When I was a child growing up in Haiti, my father used to tell me how expensive life is (tout bagay shè) and how cheap life was 'back in the days' when he was a child growing up in Haiti...

Why does the American Dollar keep going up and up in in Haiti with no sign of slowing down?