Agricultural Financing in Haiti : Diagnosis and Recommendations
This diagnosis is part of the World Bank’s technical assistance to the Haitian authorities regarding financial inclusion and financial sector development. The industrial development fund (FDI), a public instrument under the umbrella of the Bank of...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2020
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| Online Access: | http://documents.worldbank.org/curated/en/580191578033510449/Agricultural-Financing-in-Haiti-Diagnosis-and-Recommendations http://hdl.handle.net/10986/33178 |
| Summary: | This diagnosis is part of the World
Bank’s technical assistance to the Haitian authorities
regarding financial inclusion and financial sector
development. The industrial development fund (FDI), a public
instrument under the umbrella of the Bank of the Republic of
Haiti (BRH), maintains advantages for agricultural financing
in the country - subject to a clarification of its mandate
and a strengthening of its capacities. The development and
sustainability of an agricultural insurance program in Haiti
faces many challenges. The World Bank Group supports the
Haitian agricultural sector through numerous projects. In
particular, these include the Resilient Productive
Landscapes Project, which promotes sustainable land
management, and the Strengthening Public Agricultural
Services Project (RESEPAG II), which has established a
co-financing mechanism for subprojects. It is called the
co-financing fund for agricultural extension services (FSV)
and includes a voucher system to acquire the agricultural
goods and services needed for the adoption of technical
packages from approved suppliers. On the basis of this
diagnosis, recommendations aim to respond to the main
constraints identified in order to promote sustainable
financing of the agricultural sector by Haitian financial
institutions. These recommendations focus on the supply of
agricultural finance, while also recognizing the essential
role of general agricultural support policies. |
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