CGA President, Giulio de Tommaso is assisting the Inter-American Development Bank (IDB) support the Government of Haiti in the design and the preparation and the implementation of a Public Sector Management loan. The loan is expected to go to the Board sometime in 2019. Haiti, with a population of 10.5 million and an area of 27650 square meters, is the third largest Caribbean nation by area and population. It is considered to be the poorest country in the Western Hemisphere and one of the poorest countries in the world, with a 2015 GDP per capita of US$828 1 .
It has a long and proud history, becoming the first post-colonial black-led nation in the world, declaring its independence in 1804. Yet its post-independence history has been challenging. The country has experienced political instability for most of its history which has prevented a sustained and harmonic development. This complex political history along with its limited human development capacity which has, in part, resulted in limited economic growth and low revenue generation. This situation is complemented by its exposure to natural calamities which regularly ravage its territory. In 2010, a devastating earthquake destroyed much of its infrastructure and left over 230,000 dead. In 2016, Hurricane Matthew, a category IV hurricane, ravaged its coast, displacing 2.1 million people. The combination of factors make Haiti a country in a dire situation of fragility.
IDB’s view is that long-term, substantial targeted support is required to move Haiti onto a path of sustained development that delivers economic growth in several important areas. As such, Consilium Group Advisors President is assisting IDB achieve its goals in identifying the areas of public sector reform that will enhance Haiti’s institutional and human capabilities, in sectors such as Education, Agriculture, infrastructure and Public Services delivery.
1 World Bank