April 22, 2025

World Bank Approves New Strategic Partnership Framework for Haiti

March 6, 2025

The World Bank’s Board of Directors approved a new Strategic Partnership Framework for Haiti on Tuesday, covering the period from 2025 to 2029. This initiative aims to strengthen the country’s resilience in the face of ongoing challenges, including the economic crisis and armed group violence. “Haiti must enhance the resilience of its core institutions, systems, and short-term state capacities,” said Alfred Metellus, Minister of Economy and Finance.

With a budget of $320 million in grants, this strategy focuses on job creation, strengthening public services, and preserving human capital. It comes at a time when the country is struggling to maintain its infrastructure and institutional capacity. The World Bank aims to support the most vulnerable populations while laying the foundation for sustainable development.

A key component of this plan relies on private sector engagement. The International Finance Corporation (IFC) will be tasked with stimulating economic growth and promoting competitiveness. The goal is to attract investments that can boost productivity and create sustainable employment opportunities. “We will focus on investments in areas of high vulnerability,” stated Anne-Lucie Lefebvre, the World Bank’s Operations Manager in Haiti.

As part of this initiative, a $60 million project has been approved to improve public financial management. The goal is to enhance transparency in revenue collection and budget management. The project will also strengthen oversight institutions and improve the efficiency of customs operations, which are crucial to the country’s economy.

This new framework is designed with a flexible approach tailored to local realities. It was developed in consultation with the Haitian government, the private sector, and civil society. By building on past lessons, the World Bank aims to help Haiti achieve lasting economic and institutional stability.

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