¶LE COPY Report No. 1243-HA Current Economic Position and Prospects of Haiti (In Two Volumes) Volume II: Statistical Appendix December 7,1976 - Latin America and the Caribbean Regional Office FOR OFFICIAL USE ONLY Document of the World Bank This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World F;ank authorization. Currency Equivalents Currency Unit = Gourde (G) US$1 = G5.00 Gl = US$0.20 G1 million = US$200,000 Fiscal Year October 1 - September 30 FOR OFFICIAL USE ONLY CURREAT ECONOMIC POSITION AND PROSPECTS OF hAITI STATISTICAL APPENDIX Table of-Contents I. HUMAN RESOURCES 1.1 Age and structure of population in 1973 1.2 Urban and rural population by Department 1.3 Employment and productivity of labor in Port-au-Prince, 1976 1.h Income distribution pattern; employed population in urban and rural areas, 1970 1.5 Annual per capital consumption of essential goods and services, 1970 II. NATIONAL ACCOUNTS 2.1 Gross Domestic Product by sector origin (constant prices), 1955-1975 2.2 Gross Domestic Product by type of expenditure (constant prices), 1955-1975 2.3 Gross Domestic Product by type of expenditure (current prices), 1955-1975 2.4 Macroeconomic framework (constant prices), 1967-19i5 2.5 Macroeconomic framework (current prices), 1967-1975 III. BALANCE OF PAYMENTS 3.1 Balance of Paymenta - Current Account, 1960-1975 3.2 Balance of Payments - Capital Account, 1960-1975 3.3 Exports by major categories, 1970-1975 3.4 Exports by major commodity groups in current prices, 1970-1975 3.5 Exports by major commodity groups in constant prices, 1970-1975 3.6 Exports of major products, 1950-1975 3.7 Exports to United States of light manufactured products, 1970-1975 3.8 Imports by major categories, 1970-1975 3.9 Selected non-essential food imports, 197h-1975 3.10 Estimate of imports of luxuries and non-essentials, 1974-1975 3.11 Foreign exchange reserves, 1965-1975 IV. PUBLIC DEBT b.1 External Public Debt Outstanding as of December 31, 1975 Debt repayable in foreign currency 4.2 Service Payments, Commitments, Disbursements and Outstanding Amounts of External Public Debt, 1970-1995 Debt repayable in foreign currency 4.3 External Public Debt Outstanding as of December 31, 1975. Debt repayable in local currency bJ, Service payments, Commitmcnts, Disbursements and Outstanding Amounts of External Public Debt. 1970-1995. Debt reDayable in local currency This document has a restricted distribution and may be used by recipients only in the performance of their omcial duties. Its contents may not otherwise be disclosed without World Bank authorization. -2- V. PUBLIC FINANCE 5.1 Fiscal Operations of the Central Government, 1971-1975 5.2 Structure of Budget Revenues, 1971-1975 5.3 Tax Revenues, Composition as a Percentage of Total, 1971-1975 5.4 Budget Revenues, Percentage Change in Nominal Terms, 1971-1975 5.5 Budget Revenues, Elasticities with respect to GEP, 1971-1975 5.6 Economic and Functional Classification of Current Expenditures, 1971-1975 5.7 Percentage change of Revenues, 1971-1975 5.8 Current Expenditures Classified by Function 5.9 Current Expenditures Classified by Function, 1971-1975 expressed as percentage of total, 1971-1975 5.10 Consolidated Accounts of Public Enterprises, 1973-1974 5.11 Consolidated Accounts of Public Enterprises, 1974-1975 5.12 Consolidated Accounts of the Central Government and Public Enterprises, 1974-1975 5.13 Fiscal Operations of the Central Government, 1971-1975 5.14 Public Development Expenditures by sectors, 1969-1975 5.15 Public Development Expenditures by sectors (forecast and actual), 1971-1975 5.16 Evolution of Salaries of Civil Servants, 1971-1975 5.17 Purchase of goods and services expressed as a Percentage of Current Expenditures, 1971-1975 VI. MONEY AND BANKING 6.1 Accounts of the Banking System, 1970-1975 6.2 Accounts of the Monetary Authorities, 1970-1975 6.3 Accounts of the Private Banks, 1970-1975 6.4 Summary Accounts of the Banking System, 1970-1975 6.5 Flow of Funds of the Banking System, 1971-1975 6.6 Financing of Net Danestic Credit, 1971-1975 6.7 Annual Percentage changes of Net Domestic Credit, Money and Prices, 1971-1975 -3- VII. AGRICULTURE 7.1 Production of Selected Agricultural Commodities in volume, 1960-1976 7.2 Production of Selected Agricultural Commodities in-Value $96o-1975 7.3 Coffee production and exports, 1950-1975 7.4 Agricultural Credit, 1972-1975 7.5 Structure of Agricultural Production in 1973 7.6 Distribution of returns from Coffee Exports, 1950-1974 7.7 Distribution of land holdings per size and per region in 1971 VIII.e OTHER SECTORS 8.1 Industrial Production, 1970-1974 8.2 Production of selected mineral and industrial commodities 1970-1975 8.3 Industrial production index by type of activity, 1969-197A IX. PRICES 9.1 Price Indices, 1955-1975 X. PROSPECTS 10.1 Present and Projected Balance of Production and Consumption of Food, 1971, 1975, 1980 10.2 Effects per hectare of Technical Improvements in Agriculture 10.3 Costs and Benefits of Public Sector Assistance to Agriculture, 1976-1980 10.4 Fixed investment projections, 1976-1980 10.5 Public Development Expenditures, 1976-1980 10.6 Public sector financial information flows 102 Government estimates of local counterpart funds, 1976-1980 10.8 Revenues of Development Budget Accounts, 1972-1975 10.9 Projected Revenues of excise taxes on gasoline and diesel oil, 1976-1L980 10.10 Mission estimates of Local Counterpart Funds, 1976-1980 lOoll Estimated Disbursements and Local Counterpart Fund requirements, 1976-1980 10.12 Financing of Public Development Expenditures, 1974-1975 10.13 Selected extrabudgetary accounts: estimated Current Expenditures, 1970-1975 10.14 Estimates of Gurrent Expenditures, 1975-1980 10.15 Public Revenues requirements, 1976-1980 10.16 Net Disbursements, 1976-1980 10.17 Public Sector Gap Financing, 1975-1980 10.18 Economic Sector Classification of Development Projects to be financed by Official External Agencies, 1975/76-1979/80 I HUMAN RESOURCES Table 1.1: AGE AND SEX STRUCTURE OF THE POPULATION IN 1973 (thousand and percent) Age Males % Females % Total % n-4 349.4 16.2 336.8 14.7 686.2 15.5 5-9 307.6 14.3 297.0 13.0 6o4.6 13.6 1o-11 281.4 13.1 279.1 12.2 560.5 12.6 15-19 244.3 11.3 251.6 11.0 496.o 11.2 20-24 184.9 8.6 206.1 9.0 391.0 8.8 25-29 130.9 6.1 165.4 7.2 296.3 6.7 30-34 109.2 5.1 141.4 6.2 250.5 5.6 35-39 102.2 4.7 127.7 5.6 229.9 5.2 4o-44 103.7 4.8 118.0 5.2 221.7 5.0 45-49 91.i 4.2 93.2 4.1 184.6 4.2 50-54 72.0 3.3 70.9 3.1 143.0 3.2 55-59 54.4 2.5 53.7 2.4 108.2 2.4 6n-64 42.8 2.0 43.0 1.9 85.7 1.9 65-69 33.1 1.5 36.2 1.6 69.2 1.6 70 and + 4.8.0 2.2 64.3 2.8 112.3 2.5 Total 2155.3 100.0 2,284.3 100.0 L4439.6 100.0 (48.5) (51.5) (loo.o) Source: Haitian Statistical Institute. Table1.2: URBAN AND RURAL POPULATIONS BY DEPARTMENT IN 1973 (thousands) Urban Areas Rural Areas Total West 604.3 1.136.7 1.741.0 North 120.6 593.6 714.2 Artibonite 92.6 678.4 771.1 South 92.1 900.3 992.4 Northwest 26.7 194.2 220.0 Total 936. 1 3.503.2 4.4.39.6 (Percentage) West 64.5 32.4 39.2 North 12.9 16.9 16.1 Artibonite 9.9 19.4 17.4 South 9.8 25.7 22.4 Northwest 2.8 5.5 5.5 Total 100.0 100.0 100.0 ( 21.1) ( 78.9) (100.0) Source: Haitian Statistical Institute. Table 1.3: EMPLOYMENT AND PRODUCTITIT'Y OF LABOR IN PORT-AU-PRINCE \IN l976 Employment AlaltoV e added (%) Productivity Index Tndugtry 38,500 12.1 25.8 2.1 assembly industries 27,50 1.3 1.9 other large industries 9,000 2.8 8.7 3.1 handicraft 2,000 o.6 o.8 1.3 Construc.ion 18j, j)o0 5.6 7.6 1.36 Transportation and Public Service 5,500 1.7 9.2 5.4 Transportation 3,500 1.1 1 4.0 Public Services 2,000 o.6 4.8 8.0 Commerce 57,000 17.8 19.4 1.1 Macro-Commerce 17,000 7 31t.T 2.7 Micro-Commerce 4n,000 12.5 5.0 Services 174,000 54.5 23.3 2. Personal Services 20,00on T.3 1n.0 1W7 Domestic Services 80,000 25.1 7.3 .3 Others 74,,000 23.1 5.0 .2 Administration 26,000 8.2 5.7 1.9 Total 319,000 100.0 100.0 1.0 Source: Ministry of Public Works. Table 1.4: INO7ME DISTRIBUTION PATTERN - EMPLOYED POPULATION IN URBAN AND RURAL AREAS - 1970 COUNTRY TOTAL RURAL AREAS lRBAN AREAS ( iudirsg Port-au-Prince) PORT-AU-PRINCE Average for the Class Employed Labor Income Employed Labor Income Employed Labor Income o ad Labor Income In In In In Income Class In In In Thousand In Million In Million In Million (Gourdes per annum) LourdEs US $ Thousand G. Gourdes % Thousand 7. Gourdes % Thousand 7 Goudes Z hod _ Lowest incomes Less than 1,200 600 120 1,246.7 86.9 748,056 55.8 1.121.5 92.0 672.9 72.1 125.2 58.0 75.1 18.4 62.3 53.8 37.3 14.8 Medium incomes 2,900 58; 183.9 12.8 530,301 39.4 96.7 7.9 250.9 26.8 87.0 40.4 279.4 68.5 50.5 43.6 169.0 66.8 1,200 - 3,600 2,400 480 156.8 10.9 376,272 28.0 90.8 7.4 218.0 23.3 65.9 30.6 158.3 38.8 36.5 31.5 87.6 34.6 3,601 - 6,000 4,800 960 19.4 1.3 92,952 6.9 4.5 0.4 21.7 2.3 14.6 6.9 71.2 17.5 9.5 8.2 45.7 18.1 6,001 - 8,400 7,200 1,440 5.4 0.4 39,273 2.9 0.9 0.1 6.8 0.7 4.5 2.1 35.5 8.0 3.0 2.6 21.7 8.6 8,401 10,800 9,600 1,920 2.3 0.2 21,804 1.6 0.5 0.0 4.4 0.5 1.8 0.8 17.4 4.2 1,5 1.3 14.0 5.5 Hiaher incomes 1 3240 3.9 0.3 63.009 4.8 0.5 0.1 9.9 1.1 3.4 1.5 53.3 13.1 2.'. 2.5 46.3 18.4 10,801 - 13,200 12,000 2,400 1.6 0.1 19,092 1.4 0.1 0.1 1.5 0.2 1.4 0.7 17.5 4.3 1.3 1.1 15.5 6.1 13,201 - 15,600 14,400 2,880 0.8 0.2 11,688 0.9 0.2 0.1 3.4 0.4 0.6 0.3 8.2 2.0 0.5 0.4 6.9 2.7 15,601 - 18,000 16,800 3,360 0.2 0.2 4,164 0.3 - 0.1 - _ 0.2 0.1 4.1 1.0 0.2 0.2 3.7 1.5 18,001 - 20,400 19,200 3,840 0.6 0.2 11,556 0.9 0.1 0.1 2.0 0.2 0.5 0.2 9.6 2.3 0.4 0.4 8.6 3.4 20,401 - 22,800 21,600 4,320 0.2 0.2 4,980 0.4 0.1 0.1 2.6 0.3 0.1 0.0 2.4 0.6 0.1 0.0 1.3 0.5 22,801 and more 24,000 4,800 0.5 0.2 11,520 0.9 - - - - 0.5 0.2 11.5 2.8 0.4 0.4 10.3 4.1 Total: 1.434.6 100.0 3 100.0 1.218.9 100.0 933.4 100.0 215.7 100.0 408.0 100.0 115.7 100,0 252.8 100.0 Average annual income per employed in Gourdes 935 765 1.892 2.185 in $ 187 153 378 437 Number of inhabitants 4.271.0 3.359 911.4 549.7 % of employed per population (%) 33.6 36.3 23.7 21.0 Labor income per one inhabitant in Gourdes 314 277 448 459 in $ 63 55 90 118 Ratio between average income in the lowest and the highest group 1:28 1:33 1:27 Ssurce: Mission's computations, based on 'Enquete Socio-Economique", April 19701 May 1975, Haitian Institute of Statistics. Table 1.5: ANNUAL PER CAPITA CONSUMPTION OF ESSENTIAL GOODS AND SERVICES - 1970 Total Consumption (in thousand Gourdes) Per Capita Consumption (in Gourdes) Of which: In urban consumption Of which: Of which: Country Rural Urban Port au Other Country Rural Urban Port au Other Goods & Services Total Areas Areas Prince Cities Total Areas Areas Prince Cities A. Basic consumption items: 1,513,481 1,031,885 481,603 335,885 145,723 354 307 528 611 403 Food (including coffee) 996,772 718,090 278,700 192,291 86,409 233 214 306 350 239 Rent £ fuel 268,594 146,658 121,935 90,300 31,633 63 44 134 164 87 Medical care 176,401 121,999 54,401 35,707 18,693 41 37 60 65 51 Clothing 71,71)4 45,138 26,567 17,587 8,988 17 13 29 32 25 B. Regular consumption items: 395,366 252,636 143,727 94,765 48,958 93 75 158 172 135 Lighting 34,134 20,970 13,164 9,195 3,969 8 6 14 17 11 Toiletry & detergents 83,177 52,643 30,533 19,289 11,244 19 16 33 35 31 Education 44,642 15,209 29,433 23,026 6,406 10 14 32 42 18 Transport 55,819 31,331 25,487 17,309 8,178 13 9 28 31 23 Recreation & culture 55,238 40,069 15,168 10,547 4,620 13 12 17 19 13 Other 122,356 92,414. 29,942 15,399 14,541 29 27 33 28 40 C. Occasional consumption items: 75,987 52,632 23,352 13,694 9,656 18 16 26 25 27 Furniture 26,104 21,074 5,029 2,529 2,499 6 6 5 5 7 Luxury items 12,386 4,817 7,568 4,898 2,670 3 1 8 9 7 Home repair 20,131 14,426 5,704 4,008 1,696 5 4 6 7 5 Other 17,366 12,315 5,051 5,259 2,791 4 4 5 4 8 Consumption of necessities (A+B) 1 908,847 1,284,521 625,330 430 650 194,681 447 382 686 783 538 Total consumption (A+B+C) _985__35 1,337,153 6)4,652 444,344 20)4,338 I3r 37 7192 =0 Population Number of families 908,160 721,906 186,254 111,437 74,817 Number of inhabitants 4, 271 053 3,359,634 911 419 549 674 361 745 Persons per family 4t70 4.65 t.89 t.93 7-84 Source: Mission's computations, based on"Enquete Socio-economique, April 1970, Port-au-Prince, May 1975, Haitian Institute of Statistics. II NATIONAL ACCOUNTS Table 2:1: GROSS DOMESTIC PRODUCT BY SECTOR ORIGIN (in millions of 1955 Gourdes) 1955 1960 1965 1967 1968 1969 1970 1971 1972 1973 1974 1975 Agriculture 681.8 753.1 77507 774.8 793.3 804.1 806.4 837.9 832.0 754.3 902.7 879.8 Mining 1.2 17.5 22.5 19.0 21.3 33.6 28.6 33.7 28.8 33.0 34.4 22.9 Manufacturing 156.3 154.7 161.5 149.7 156.5 161.3 163.8 173.6 188.7 196.6 215.8 226.2 Construction 18.4 30.9 29.0 22.2 24.1 30.3 36.8 42.5 49.2 64.6 81.3 82.5 Public Utilities 6.2 14.7 19.0 19.3 19.7 21.5 21.6 25.3 28.2 33.8 37.0 40.9 Transport and Communications 51.0 47.3 36.0 36.1 41.7 40.7 37.9 43.6 47.2 45.1 146.8 49.o Commerce 145.3 173.8 165.4 150.7 161.1 164.1 164.1 181.7 178.6 190.8 195.8 203.4 Banking and Insurance 10.3 11.5 13.4 10.6 9.1 7.0 7.5 8.1 9.5 9.5 12.3 12.3 Real Estate 124.3 134.2 144.9 149.5 151.9 154.2 156.8 159.8 161.8 16404 167.3 170.0 Government 111.9 98.1 101.8 98.6 95.6 122.8 122.2 134.4 128.7 127.9 130.2 132.5 Personal Services 78.9 86.8 102,8 99.3 104.0 99.2 103.6 115.5 129.7 115.1 112.9 117.3 Total GDP at Market Prices 1385.6 1522.6 1572.0 1529.8 1578.5 1638.6 1649.3 1756.2 1772.6 1735.1 1936.5 1936.0 Source: Haitian Institute of Statistics, and mission estimates. Table 2.2: GROSS DOMESTIC PRODUCT BY TYPE OF EXPENDITURE (in millions of 1955 Gourdes) 1955 1960 1965 1967 1968 1969 1970 1971 1972 '973 1974 1975 GDP at Market Prices 1386.0 1523.0 1572.0 1530.0 1578.0 1639.0 1649.0 1756.0 1773.0 1735.1 1936-5 1936.0 Consumption 1380.0 1413.3 1529.0 1488.0 1493.0 1544. 0 1552.2 1566.7 1591.9 1624.9 1750.5 1838.2 Private (1354.1) (1354.0) (1400.3) (1399.7) (1393.0) (1436.0) (1482.4) (1612.4) (1703,0) Public ( 133.9) ( 139.0) ( 143.7) ( 152.5) ( 173.7) ( 155.9) ( 142.5) ( 138A1) ( 135.2) Investment 83.0 112.0 100.0 90.0 98.0 116.0 174.0 178.0 210.0 244,9 271.7 298.8 Private (45.1) ( 47.5) ( 43.5) (25.6) (50.8) (79.8) (139.7) (128.7) (155.4) (183.0) (181.7) (147.5) Public (37.9) ( 64-5) ( 56.5) (64.4) (47.2) ( 36.2) ( 34-3) 4 49.3) ( 54.6) ( 61.9) 90-0) (151.3) Exports of' Goods and NFS 228.0 304-0 283.0 261.0 316.0 327.0 334.7 429.5 404.9 396.7 444.4 391.5 Imports of Goods and NFS 305.0 306.3 340.0 309.0 329.0 348.o 411.9 418.2 433.8 531.l1 530.1 592.5 Resource Gap 77.0 2.3 57.0 48.0 13.0 21.0 77.2 -11.3 28.9 134.7 85.7 201.0 Net Factor Income Payments -9.0 -21.0 -28.0 -17.0 -19.0 -20.4 -22.4 -22.2 -24.1 -24.4 -23.2 -26.1 GNP at Market Prices 1377.0 1502.0 1544.0 1513.0 1559.0 1 1626.6 17338 1748.9 1710.7 191 09.9 Gross Domestic Savings 6.o 109.7 43.0 42.o 85.0 95.0 96.8 189.3 ]81.1 110.2 186.0 97.8 Gross National Savings -3.0 88.7 15.0 25.0 66.0 74.6 74.4 167.1 157.0 85.8 162.8 71.7 Source: Haitian Institute of Statistics, and mission estimates. Table 2.3: GROSS DOMESTIC PRODUCT BY TYPE OF EIPENDITURES (in millions of current Gourdes) 1955 1960 1965 1967 1968 1969 1970 1971 1972 1973 1974 1975 GDP at Market Prices 1385.6 11423.9 1766.3 ],845.6 1839.8 1959.1 2035.5 2226.3 2316.2 284L.3 3576.h 4366.5 Consumption 1380.1 1338.6 1732.1 1802.1 1772.5 1880.5 1903.0 2047.7 2169.8 2658.3 3292.7 4077.1 Private (1635.1) (1607.5) (1705.5) U715.0) (1820.6) (1957.3) (2h25.2) (3033.0) 3777.3) Public (167.0) (165.0) (175.0 (188.0) (227.1) (212.5) (233.1) t259.7) (299.8) Investment 82.5 106.2 121.3 106.5 103.9 134.7 172.5 198.6 220.4 274.5 382.2 489.9 Private (45.1) (0521 (53.2) (65.5) (53.9) (92.7) (138.5) (143.6) (162.4) (205.1) (a56.6) (241.9) Public (37.4) (61.1) (68.1) (41.0) (50.0) (42.0) (34.0) (55.0) (58.0) (69.4) (126.6) (248.0) Exports of Goods and NFS 227.9 270.1 223.5 201.0 232.1 242.1 291.5 347.0 330.0 390.0 576.0 591.5 Imports of Goods and NFS 304.9 291.0 310.6 264.0 268.7 298.2 331.5 367.0 404.0 478.5 674.5 772.0 Resource Gap 77.0 20.9 87.1 63.0 36.6 56.1 40.0 20.0 74.0 88.5 98.5 180.5 Net Factor Income Payments -8.5 -20.1 -25.5 -14.8 -15.8 -17.5 -18.0 -19.5 -22.5 -22.0 -29.5 -34.0 GNP at Market Prices 1377.4 1345.8 1740.8 1830.8 1824.0 1941.6 2017.5 2206.8 2293.7 2822.3 3546.9 h352.5 Gross Domestic Savings 5.8 85.3 34.2 43.5 67.3 78.6 132.5 178.6 146.0 186.0 283.7 309.4 Gross National Savings -2.7 65.2 8.7 28.7 51.5 61.1 114.5 159.1 123.5 164.0 254.2 275.4 Source: Haitian Institute of Statistics, mission estimates. Table 2.4: MACRO-ECONOMIC FRAMEWORK (CONSTANT PRICES) Expenditures on Gross Domestic Product (millions of gourdes - 1454/55 prices) Growth % p.a. 1966/67 1971/72 1966/67 1967/68 1968/69 1969/70 1970/71 1971/72 1972/73 1973/74 1974/75 1971/72 1974/75 Gross Domestic Product 1_530. 0 1,7639. 0 75 1,773.0 1,735.1 1,936.5 1,936.0 3.0 3.0 Gains from Terms of Trade -25.6 -32.3 -44.1 27.4 -33.8 -50.4 36.6 8.4 62,5 Gross Domestic Income l_5O4.4 1.545.7 1,594.9 1,67_4 17 2.2 1,722,6 1, 7 1,944.9 1,998.5 2.8 J Consumption 1,488.0 1,493.0 1.544.0 1,552. 2 I 1 ,750.5 1,838,2 1.4 4.9 a. Public 133.9 139.0 143.7 152.5 173.7 155.9 142.5 138.1 135.2 3.1 -4.6 b. Private 1,354.1 1,354.0 1,400.3 1,399.7 1,393,0 1,436.0 1,482.4 1,612.4 1,703.0 1.2 5.9 Fixed Investment 90.0 98.0 116.0 174.0 178.0 210.0 244.9 271.7 298,8 18.5 12.5 a. Public 64.4 47.2 36.2 34.3 49.3 54.6 61.9 90.0 151.3 -3.3 40.3 b. Private 25.6 50.8 79.8 139.7 128.7 155.4 183,0 181.7 147.5 43.4 -1.7 Resource Gap 73.6 45,3 65.1 49,8 22.5 79.3 98.1 _7L.3 .12L_5 t5_ _ZQ_ a, Imports 309.0 329.0 348.0 411.9 418.2 433.8 531.4 530.1 592.5 7.0 11.0 b. Import Capacity 235.4 283.7 282.9 362.1 395. 7 354.5 433.3 452.8 454,0 8.5 8.6 c. (Exports) (261.0) (316.0) (327.0) (334.7) (429.5) (404.9) (396.7) (444,4) (391.5) (9.2) (-1.2) Availability and use of real resources (In 7. of GDP - constant prices) Gross Domestic Product 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100,0 Gains from Terms of Trade -1.7 -2.0 -2.7 1.7 -1.9 -2.8 2.0 0.4 3.2 Gross Domestic Income 98.3 98.0 97.3 101.7 98.1 97.2 102,0 100.4 103,2 Resource Gap 4.8 2.9 4.0 3.0 1.3 4.5 5.6 4.0 7,1 Resource Availability 103.1 100.9 101.3 104.7 99.4 101.7 107.6 104.4 110.3 Fixed Investment 5.9 6.2 7.1 10.5 10.1 11.8 14.1 14.0 15.4 a. Public 4.2 3.0 2.2 2.1 2.8 3.1 3.6 4.6 7.8 b. Private 1.7 3.2 4.9 8.4 7.3 8.7 10.5 9.4 7.6 Consumption 97.2 94.7 94.2 94.2 89.3 89.9 93.5 90.4 94.9 a. Public 8.8 8.8 8.8 9.2 9.9 8.8 8.2 7.1 7.0 b. Private 88.4 85.9 85.4 85.0 79.4 81,1 95.3 83.3 87.9 Source: Haitian Instituite of Statistics and mission estimates Table 2.5: MACRO-ECONOMIC FRAMEWORK (CURRENT PRICES) Expenditures on Gross Domestic Product (millions of current gourdes) Growth % p.a. 1966/67 - 1971/72- 1966/67 1967/68 1968/69 1969/70 1970/71 1971/72 1972/73 1973/74 1974/75 971974/75 Gross Domestic Product 1.845.6 1.839.8 1,959.1 2035.5 2226.3 2316,2 2844.3 35 76.4 4386_5 A 23.9 Consumption 1.802.1 1.7'72 .5 1.880.5 1903.0 2047.7 2169.8 2658.3 3292.7 4077.1 la 23.4 a. Public 167.0 165.0 175.0 1880 227.1 212.5 233.1 259.7 299.8 4.9 12.2 b. Private 1,635.1 1,607.5 1,705.5 1715.0 1820.6 1957.3 2425.2 3033.0 3777.3 3.7 24.4 Fixed Investment 106.5 103.9 134.7 172.5 198.6 220.4 274.5 382.2 489.9 15.6 30.4 a. Public 41.0 50.0 42.0 34.0 55.0 58.0 69.4 126.6 248.0 7.2 62.5 b. Private 65.5 53.9 92.7 138.5 143.6 162.4 205.1 255.6 241.9 19.9 14.2 Resource Gap 63,0 36.6 56.1 40.0 20.0 74.0 88.5 98s5 180.5 3.3 34.6 a. Imports 264.0 268.7 298.2 3=5 367.0 404.0 478.5 674.5 772.0 8.9 24.1 b. Exports 201.0 232.1 242.1 291.5 347.0 330.0 390.0 576.0 591.5 10.4 21.5 Availability and use of real resources (In % of GDP - current prices) Gross Domestic Product 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 Resource Balance 3.4 2.0 2.9 2.0 0.9 3.2 3.1 2,7 4.1 Resource Availability 103.4 102.0 102.9 102.0 100.9 103.2 103.1 102.7 104.1 Investment 5.8 5.6 6.9 8.5 8.9 9.5 9.6 10.6 11.2 a. Public 2.2 2.7 2.1 1.7 2.5 2.5 2.4 3.5 5.7 b. Private 3.6 2.9 4.8 6.8 6.4 7.0 7.2 7.0 5.5 Consumption 97.6 96.4 96.0 93.5 92.0 93.7 93.5 92.1 92.9 a. Public 9.0 9.0 8.9 9,2 10.2 9.2 8,2 7.3 6.8 b. Private 88.6 87.4 87.1 84.3 81.8 84.5 85.3 84.8 86.1 Balance of Payments Deficit on Current Account 0.6 0.1 2.5 2,5 3.2 -0.5 0.2 -0.3 Source: Haitian Institute of Statistics and mission estimates III BALANCE OF PAYMENTS Table 3.1 BALANCE OF PAYMENTS - CURRENT ACCOUNT (millions of US $) (Years ending Septetber 30) 1960 1965 1968 1969 1970 1971 1972 1973 1974 1975(P) Exports, FOB 38.1 37.8 36.3 36.7 44.4 52.2 46.7 57.6 93.6 93.2 Imports, FOB 43.4 42.6 38.7 42.1 44.5 50.7 56.4 65.7 97.1 115.7 Trade Balance -5.3 -4.8 -2.4 -5.4 -0.1 + 1 .< -9.7 -_.l _. 5 -22.5 Receipts from Services 16.3 7.1 11.2 12.4 13.9 17.2 19.3 20.6 21.8 25.4 Other Transport (2.5) (0.9) (1.5) (0-9) (0.9) (1.0) (1-0) (0.6) (0.6) (0.4) Travel (8.1) (1-4) (4.5) (5.4) (6.6) (8-7) (13.2) (16.7) (18.6) (22.0) Investment Income ( .) (.) C.) (0.1) .. .. .. (0.2) (0.2) (0.3) Government, n.i.e. (3.6) (3.4) (3.8) (4.7) (5.0) (6.O) (4.0) (2.4) (1.9) (2.0) Other Services (2.1) (1-4) (1.4) (1-3) (1-4) (1-5) (1.1) (0-7) (0-5) (0.7) Payments for Services 18.9 24.8 19.3 22.2 25.4 26.6 28.9 34.6 43.9 45.8 Freight & Insurance (4.0) (5.2) (4-1) (5.8) (8-4) (9.2) (9.0) (11.2) (17.8) (20.4) Other Transport (1.2) (1-5) (1.7) (1-3) (1-4) (1-5) (3.7) (3-9) (4-4) (4-1) Travel (3.8) (5.6) (3.6) (3.8) (4.3) (4.5) (5.1) (6.4) (5.4) (4.1) Investment Income (4.1) (5.2) (3.3) (3.6) (3.6) (3.9) (4.5) (4.6) (6.1) (7.1) Government, n.i.e. (3.8) (5.0) (4.3) (5.2) (5-.) (4.8) (4.1) (4.9) (6.7) (7.Q) Other Services (2.0) (2.3) (2.3) (2.5) (2.7) (2.7) (2.5) (3.6) (3.5) (3-1) Net Services -2.6 -17.7 -8.1 -9.8 -11.5 -9.4 -9.6 -14.0 -22.1 -20.4 Balance on Goods and Services -7.9 -22.5 -12.5 -15.2 -11.6 7.9 -19.3 22.1 -25.6 -42.4 Private Transfer 2.6 4.7 8.9 10.8 15.0 13.1 29.4 10.7 13.4 20.5 Receipts (6.4) (10.9) (14.1) (17.1) (19.8) (19.1) (40.2) (14.3) (24.3) (61.3) Payments (3.8) (6.2) ($-2) (6-3) (4.8) (6.0) (10.8) (3.6) (10.9) (40.8) Government Transfers 6.6 4.1 3.9 4.9 6.9 5.8 4.7 8.4 13.5 19.6 Receipts (6.6) (4.1) (3.9) (4.9) (7.0) (5.9) (4.8) (8.5) (13.5) (19.6) Payments (-(-) () (-) (0.1) (0.1) (0.1) (0.1) (- Net Transfers 9.2 8.8 12.8 15.7 21.9 18.9 34.1 19.1 26.9 40.1 CURRENT ACCOUNT BALANCE 1.3 - 2.3 0.5 10.3 11. 0 1/ Includes Non monetary gold and adding to the value shown by ENRH and Customs Administration the difference between the value of "small" industry exports calculated by the Ministry of Commerce and Industry and that calculated by the Customs Administration. Source: National Bank of the Republic of Haiti, Customs Administration, IMF, IFM Balance of Payments Yearbooks, and Mission Fatimates Table 3.2: BALANCE OF PAYXMTS - CAPITAL ACCOUNT (millions of US$) (Fiscal Years Ending Sept. 30) 1960 1965 1968 1969 1970 1971 1972 1973 1974 1975 Current Account Balance -1. -13.7 2.3 2.1 10.3 11.0 1T.8 -3.0 1.3 -2.8 Private Direct Investment (net) 0.1 1.0 1.1 2.2 2.8 3.4 4-. 7.0 7.9 2.6 Central Govt. Borrowing (net) 1.3 1.1 -0.2 -0.9 7.0 o -2.7 -2.9 15. World Bank (net) 0.8 - 0.2 -0.1 -0.2 -0.2 -0.2 -0.1 -- -- 7.3 Drawings (0.8) (-) (-) (-) (-) (-) (-) (-) (-) (7.3) Repayments (-) (0.2) (0.1) (0.2) (0.2) (0.2) (0.1) (-) (-) (7.3) US Governmment (net) (0.6) 1.7 -0.1 0.1 -0.3 -0.7 -1.0 -1.0 -1.5 1.9 Drawings (0-7) (-) (-) ) ( ) ( (3) Repayments (0.1) (-) (0.2) (-) (0.5) (0-7) (1.0) (l.o) (1.5) (1.5) Capitalized Interest (-) (1-7)(0.1) (0.1) (0.2) (-) C-) (-) (-) (-) IDB (net) - - - - - - n.a. - 2/ 0.1 4.7 Drawings (-) (-) (-) C-) (-) (-) n.a. (0.3) (0.3) ( 4.8) Repayments (-) (-) (-) (-) (-) (-) (0.3) (0.3) (0.1) (0.1) Other (net) -0.1 -0.4 -0.1 -0.1 -o.4 -0.4 -1.7 -1.7 -1.5 - 1.2 Public Agency Borrowing (net) - 0.7 0.8 2.6 0.8 2.6 0.7 _2 6.2 5.8 IDB (net) - 0.7 o.8 1.2 0.5 2.4 0.5 o.8 - 5.8 Drawings (-) 0.7 (1.0) (1.4) (0.7) (2.4) (0.5) (0.9) (0.3) (6.1) Repayments (-) (-) (0.2) (0.2) (0.2) ) 3 -) (0.1) (0.3) (0.3) Other (net) - - - 1.4 0.3 0.2 0.2 2.3 6.2 1/ ,, Errors and Omissions 0.1 8.9 - -4. 2i -8.6 -18 -$. -, ,k SDR Allocations 2.5 2.0 2.1 Changes in Net Reserves (- increase) -2.6 -2.0 0.4 -0.8 -6.4 -9.1 -10.8 1.1 19.9 23.5 National Bank -2.9 1.2 o.8 -1.1 -6.3 -8.3 -9.3 -1.2 10.3 13.1 Comnercial Banks 0.3 0.8 -o.4 0.3 -0.1 -0.8 -1.4 2.7 9.6 10.4 1/ Includes private short-tamn oapital (-+inorease in assets) Nd tvsmactionm with intermat6em.l organi tatiom I/ Asirre SourOej: National Bank of the Roeablio of Raiti, flW, W Eblan,o of P2ments Yearbooks and mii Fstinates 3/ Includes Public Agency Borrowing Table 3.3: Exports by Major Categories 197r, lq71 1972 1973 1974 1975 Mil1ioTTY 1~illi~V~ ~1TTio FF3 Million E Million T X Milo A; IN CURRENT VALIJE TERMS Agricultural, Forestry and Fishery Products 25.396 63.8 28.706 63.6 24. 906 62.2 31.1492 55.1 41.781 57-5 39.527 53-9 Minerals 6.851 17.2 7.8)44 17.4t 7.037 17.6 6.579 11.4 6.851 9.4 lo.462 14.3 Industrial and Other Non-Traditional Exports 7.515 18.9 8.616 19.2 8.019 20.0 19.209 33.5 2)t 025 3301 23,376 31.8 Total 3Q.792 100.0 7 100.0 3.962 100.0 57.279 100.0 72.7 100.0 73.365 100.0 B: IN CONSTANT (1970 VALIJE) TERMS kgricultura1, Forestry and Fishery Products 25.396 63.8 31.578 66.1 28.162 66.8 28.115 55.2 28.414 53.5 26.294 56.I Minerals 6.851 17.2 8.171 17.1 6.938 16.5 6.804 13.4 6.976 13.1 4.503 .6 Industrial and other non-traditional Exports 7.545 18.9 8.051 16.8 6.997 16.7 15.981 31.4 1_7.61 33.4 16.0142 3Y.3 39.792 100 0 )17.800 100.0 42.177 100. 50.9 0 l5T.T 55-.J->O 100.0 or l Source: See Appendix Tables 3.4 and 3.3 Note: Exoort Data differ from those in the balance of payments because the amounts of "industrial and other non- traditional exports" were adjusted downward, to reflect only the (estimated) value added in Haiti. Table 3.L: Exports by Major Commodityr Groups Current Values, Million of Gourdes 1977) 1971 1972 L27 1975 Cocoa 5.334 2.649 *07L .557 6.201 1.387 Coffee 76.204 94.813 78.568 103.072 119.85B 92.482 Campeche Wood .178 .239 ,331 .238 .455 .516 Bees wax ,197 .206 .93 .296 .260 *307 Cotton .893 Cajuc Wood ,286 '66 ,o58 .196 .167 .122 Caster oil -153 .201 .147 .267 ,513 .236 Corn *13 .)16 .016 .002 .004 Molasses 2.082 2.229 2.194 3.457 5.662 5.530 Honey .)16 .025 *116 .092 .15Q .400 Goat Skin 622 .512 .788 1.460 1P676 2.025 Sisal 9.173 3.991 2.671 6.146 23.170 16.106 Ram .266 .397 247 .507 .420 .509 Raw Sugar 14.2,04 17.128 17.024 13.152 8.R12 48.213 Orange Peel ,892 1.483 1.410 1.069 1.365 1.117 Essential Oils 13.292 15.496 16.581 18.489 32.610 24.408 Sea Food 1.499 1.329 1.293 1.723 .753 1.771 Meat 2.369 2.749 5.211 6.732 5.930 2.480, Total Agriculture, Forestry and Forestry 126.980 13.533 124.530 lL7.i58 208.906 197.633 Bauxite 28.236 32.720 33.782 32.895 32.258 52.309 Copper 6.017 6.50o 1.4o -- ---40 Total Mining 34 39.220 353.1 84 3.258 7: 309 9mall Industries and liandi- crafts t d 30.018 31-325 31.966 83.633 98.868 91.198 Cement -----.~ . o65 .303 Wheat By products --- --- l.063 .14o 3.332 3.952 Wheat Flour 1.350 - --- --- 1.263 .831 All others 6.358 11.754 7.004 12.270 16.664 2CS.598 Total Industrial and Non- T'raditional 37.726, 143.083 40.09Q 96.045 120.127 t 6.882 GRAND TOTAL 198.959 225.833 199.812 286.396 363.291 36-8824 1/ Amount of "Small Industry exports", reported by Ministry of Commerce. Adju; -a for imported maiterials by that Industry (see table: Assembly and Small Industry Exports) data differ from t.!')Lof usr'l by Custcns authorities and those in balance of payments table Table 3-5: Ekports 1970 - 1975 in Constant(1970)Value Terms (Net of foreign iaputs of assembly exports) (Million of Gourdes) 1970 1971 1972 1973 1974 1975 coaoa 5.3314 3.901 .147 .551 3.815 .9214 Coffee 76.204 101.429 87.780 914.468 88.393 83.932 Campeche wood .178 .298 .161 .261 .312 .269 Bees wax .197 .393 .093 .280 .352 .171 Cotton --- --- --- .030- Cajuc wood .286 .231 .198 .633 .611 .236 Castor oil .153 .249 .131 .326 .610 .160 Corn .013 .012 .015 .004 .002 .002 Molasses 2.082 2.269 2.020 Z.876 1.895 2.348 Honey .016 .009 .069 .025 .023 . 68 Goat Skins .622 .531 .787 1.017 .844 .974 Sisal 9.173 4.684 2.214 3.561 6.721 3.112 Rum .266 .351 .170 .343 .306 .422 Raw Sugar 14.204 18.050 16.299 10.808 6.098 19.984 OranFe Peel .892 1.158 1.153 .938 8.66 .744 Essential Oils 13.292 19.309 20.411 21.510 25.463 14.589 Sea Food 1.499 1.321 1.003 1.298 .431 1.242 Meat 36 36 6.809 5.677 5.297 2.349 Total Agriculture t Fisheries 1Z6x779 157.80 11 40. 578 _ _070 '131.1473 Bauxite 28.235 32.804 3.3 -v 34.045 34.882 22.513 Copper 6.011 8.o5 *1735 ---- -_--- --- Total Mineral Products 3 .2 4918 . 22.513 'mall Tndustry and Assembly products2/ 30.018 29.673 28.286 11.757 76.326 66.876 Wheat by-products3/ --- .900 .100 2.000 2.000 Nheat-flourl/ 150 --- --- --- .700 .41oo X11 others 63.577 10.570 5.672 8.050 9.809 10.938 Total Industrial 4 Non- traditional 36.375 40.252 34.858 79,908 88.835 80.218 GRAND TOTAL ALL EXPORTS 198.959 239.000 2[0.589 254.531 265.781 234.200 1/ Deflated on the basis of the assumption that prices of cotton rose by 100 percent. between 1970 and 1974 2/ Based on data by Ministry of Commerce qnd Industry. For a description how these were adjusted to arrive at constant values of exports less imported imputs, see footnote table 3.8: Imports by Major Categories 3/ Converted into constant values from customs data of current prices on the basis of the assumption that the price of all others wheat and wheat products gradually doubled between 1970 and 1975. Wheat and wheat products are shown under industrial exports because wheat is not raised in Haiti and the value added represents industrial processing. Source: All data unless otherwise indicated - Customs Yearbooks of Haiti 1969/70 to 1974/75 Table 3.6% Exports of Major Products 1970 - 1975 Period ending 9/30 of 2950 1960 1970 1971 1972 1973 1974 1975 A. AGRICULTURAL EXPORTS Coffee Volume (M1-1000) 26,200 18,200 16,187 21,535 18,637 19,420 18,767 17,820 Unit value ($TSA p. kilo) 0.21 0.22 0.94 0.88 o.84 1. o6 1.28 1.04 Value ($IJSA Killion) 20.500 20.200 15.204 18.962 15.713 20.614 23.971 18.496 Sugzar Volume (Kilo 1000) 31,300 16,400 1 22,901 20,684 13,715 7,738 25,361 Unit value ($USA p. kilo) 0.10 0.12 0.16 0.15 0.16 0.19 0.23 0.38 Value (%USA Million) 3.000 3.900 2.840 3.426 3.4bo 2.630 1.762 9.642 Sisal Volume (Kilo 1000) 33,400 24,300 16,672 8,517 4,026 6,474 12,219 5.657 Unit value ($USA p. kilo) .28 0.18 0.11 0.9 0.13 0.19 0.38 0.56 Velue ($USA Million) 9.300 4.500 1.834 0.789 0.534 1.229 4.633 3.221 Essential Oils Volume (kilo 1000) 85 106 205 299 316 333 394 226 Unit value ($USA p. kilo) 7.27 11.36 12.41 10.37 10.5 10.99 16.53 21.65 Value (tUSA million) 0.600 1.100 2.658 3.099 3.316 3.700 6.522 4.881 Cocoa Volume (Kilo 1000) n,a. n.a. 1.0697 1.241 .46 .165 1.222 .294 Unit value ($USA p. kilo) n.a. n.a. o.63 o.43 0.30 0.67 1.01 0.94 Value ($USA Million) n.a. n.a. 1.066 0.529 0.014 0.111 1.240 0.277 Meat Volume (KLlo 1000) --- --- 563 741 1,367 1,139 1,058 472 Unit value ($USA p. kilo) --- --- 0.84 0.74 0.78 1.18 1.12 1.05 Value ($USA Million) --- 0.473 0.550 1.062 1.346 1,180 0.496 Source: Haitian Customs Yearbooks and Haitian National Bank Table 3.6: Exports of Major Products (Continue&) 1970 - 1975 Period ending 9/30 of: 1950 1960 1970 1971 1972 1973 1974 1975 B. MINING EXPORTS Copper Ore Volume (Kilo 1000) --- --- 4,804 6,500 1,400 --- --- --- Unit value (-$USA p. kilo) --- 0.25 0.20 0.20 --- --- Value (MU3A Million) _- --- 1.200 1.300 0.280 --- --- --- Bauxite Volume (Kilo 1000) --- 417,700 646,440 752,413 770,438 790,457 809,883 522,709 Unit value ($USA p. kilo) 8.04 8.73 8.71 8.55 8.32 8.45 20.01 Value (,ItJSA Million) --- 3.400 5.647 6.554 6.756 6.579 6.851 10.461 C. OTHER Small Industry 2/ $USA (Million) 1.0 1.9 7.039 9.327 8.260 10.756 18.449 25.801 All Other 2/ tUSA4 (Million) 4.]00 3.200 2.555 3.692 3.247 4.344 6.511 4.351 D. TOTAL tUSA (Million) 38.500 38.100 40.516 48.228 42.306 51.308 71.333 80.924 1/ Price per ton 2/ Volume and unit value not shown because change in composition overtime of these exports makes trends meaningless TAELE 3.7: EXPORTS TO UNITED STATES OF LIGHT MANUFACTURED PROIUCTS MADE OF IMPORTED COMPONENTS, F.O.B. (In thousand of U. S. dollars) 1970 1971 1972 1973 1974 1975 Tulle, lace, ribbons, etc. 125 174 283 286 193 261 Articles of iron and steel(nes) 53 14 5 23 16 43 Power-generating machinery --- --- --- 129 4 41 Office machines and parts --- --- 21 1,699 4,595 3,160 Machinery and appliance parts (n.e.s.) 120 140 350 447 676 782 Transformers, siiitch gears, etc. 288 669 1,422 2,406 4,181 3,670 Equipment for distributing electricity --- 76 242 225 893 1,491 Radio receivers and parts 203 231 89 272 163 67 Electrio apparatus and parts 12 172 201 1,191 9,529 6,231 Travel goods and handbags 54 190 318 751 525 960 Clothing 1,786 2,656 5,293 12,005 22,466 22,707 Footwear 1,803 1,934 1,409 1,879 1,437 967 Tape recorders 153 355 401 473 318 659 Rubber and plastic manufacturers 64 107 190 367 929 303 Toys, sporting goods 3.518 5,332 8,614 10.815 15.442 17,682 Total 8,179 11,950 18,838 32,968 61,368 59,023 Annual rate ofchAntge 46.1 57.6 75.0 86.1 -3.8 Source: IMF Table 3.8! Tmports by MaJor Categories (Estimate) 1969-70 1970-71 1971-72 1972-73 1973-74 1974-75 Million Gourdes % Million Gourdes % Million Gourdes % Million Gourdes % Million Gourdes % Million Gourdes % Raw materials other than specified below 12.154 4.7 19.089 6.5 12.383 5.9 23.662 6.2 43.461 7.8 54551 8.o Mineral Fuels 14.569 5.6 18.948 6.4 19.591 6.0 21.748 5.7 61.911 11.0 55.858 8.21 Chemicals 14.042 5.4 15.431 5.2 16.156 4.9 19.194 5.0 24.186 4.3 29.637 4-4 Appliances, machinery and Transport Equipment which are producers goods (est)39.053 15.1 39.158 13.2 42.903 13.0 52.397 13.6 67.834 12.1 103.080 15.1 Imported Inputs into Assembly Exportsi/ 22.882 8.8 32.666 11.0 29.413 8.9 80.897 21.1 98.300 17.6 90.476 13.2 Total Producers Goods 102.700 30 125.293 4 2 . 3 31 7 197.o92 2 6 5 . 5 52.0 333.612 Food Products 29.176 11.3 37.053 12.5 51.050 15.5 68.593 18.0 79.203 14.2 147.690 21.7 Beverages and Tobacco 7.179 2.7 7.778 2.6 6.448 2.0 6.644 1.7 12.880 2.3 13.163 1.9 Oils t Fats of animals and vegetable origin 17.718 6.8 26.562 9.0 26.602 8.1 20.288 5.3 41.607 7.5 33.579 4.9 Total, food, products, beverages, tobacco, oils and fats 54.073 20.8 71.393 24.1 84.150 256 95.580 25.0 133.690 24.0 194.432 28.5 Pharmaceuticals, soap Products other toiletteries 14.042 5.4 15.431 5.2 16.156 4.9 19.194 5.0 24.186 4.3 29.637 4.4 Manufactures classified mainly by materialsL. 52.168 19.8 48.155 16.3 58.780 17.9 20.465 6.3 30.524 5.8 38.447 5.7 Private cars and house- hold appliances (est). 13.018 5.0 13.053 4.4 14.301 4.6 17.466 4.1 27.612 5.1 34'360 5.1 Various Manufactures 24.400 9.4 22.852 7.8 28.338 8.6 32.729 8.5 49.897 9.0 50.325 7.4 Total Consumer Goods other than food, bever- ages and tobacco 103.028 39.6 99.481 331.7 117.575 E5t 89.854 23.4 127437 23.2 152.769 22.6 Grand total 259.801 100.0 296.167 100.0 329.171 100.0 2 100.0 556.619 100.0 680.813 100.0 Source: Data in Haitian Annual Custaoms Yearbooks, rearranged for purposes of this table. 1/ Assuming that 80% of the value "Assembly Exports" entirely with foreign materials consists of imported manufactures classified mainly by materials; that the corresponding ratio of imports is 40% in the case of small industry ex- ports partially based on imported materials; and that the value of both types of imports, being considered "producers goods," should be subtracted fran the entry of "Manufactures classified mainly by materials" when the latter is shown under consuimer goods. Table 3.9s Seleoted Food Iniports of Non-Essential or Luxury Type (Thousand of Gourdes) 1974 1975 Fresh Meat 783.3 820.2 Drief, Salted Smoked and Pickled Meat 2093.1 2026.8 Butter 293.1 1i37.0 Cheese 1936.5 2337.9 Eggs 67.0 118.9 Honey 861.0 Fresh fish 83.0 :19.9 Fresh or frozen shellfish 709.1 19.0 Canned fish products 327.2 1106.1 Preserved fish, not canned 454.2 167.0 Breakfast Cereals 397.3 657.0 Noodles, macaronis, etc. 4Lo09.7 400.6 Bakery products 1160.1 11oh.7 Processed Cereals 2979.2 3306.6 Fruit and Fruit products, fresh or prepared 1120.6 1299.6 Vegetables 3926.3 5500.2 Sugar and sugar based products 1932.5 1425.7 Coffee chocolate, tea, spices and other tropical foodstuffs 1851.3 1456.9 Thousand of Gourdes MT353772239T Thousand of $ 4276.8 4Th47.8 Source: Haiti Custans Yearbooks 1973/1974 and- 1974/1975 Table 3.10: Estimate of Imports of Luxuries and Non-Essentials (Million of Gourdes unless other specified) 1974 1975 Luxury Foods (see table 11) 21.4 22.3 Beverages and Tobacco 12.9 13.2 Soap and Toiletteries 10.1 10.5 Passenger cars for personal use and household appliances (est.) 50.0 50.0 Manufactures classified mainly by materials 30.5 3d.4 One third of various and non-speci- fied manufactures 16.6 16.8 Total: million gourdes 141-5 151.2 million $ 28.3 30.2 percentage of total imports 25.4% 22.2%- Source: Haiti Custams Yearbooks 1973/74 and 1974/75 Table 3-11: FOREIGN ExCHANGE RESERVES (in millions of U.S. dollars) September 30 December 31 1965 1966 1967 1968 1969 1970 1971 1272 1973 1974 1975 1974 1275 Banking svstem (net) 47 -3.9 -6.2 -6.6 -5., °-5 9.6 20.4 19. -0.6 -24.1 3.1 -18.1 National Bank (net) -4.3 -4.0 63 -7.1 -6.0 0.3 8.6 17.9 8.8 43 11.0 07 Assets 2.0 1.7 1.3 2. 3.1 3.9 9; 1 20.1 12.9 10.0 12 6 Gold (0.7) (0,1) (0.1) (0.1) (0.1) (0.1) (0.1) ( 0.1) ( 0.1) ( 0.1) ( 0.1) ( 0.1) C 0.1) IMF gold tranche position (---) (_--) (---) (___) (___) C---) (1.9) (2.7) (2.6) C-___) ( ----) Special drawing rights (---) (---) (---) C---) (---) (0.1) (1.1) ( 3.4) (3.6) ( 3.0) ( 2.8) (3.0) ( 2.3) Foreign currency holdings (0.5) (0-5) (0.2) (0.5) (0.2) (0.4) (1.3) (14.0) ( 2.3) ( 1.7) ( 1.4) ( 1.6) 0 0.9) Deposits (0.5) (0.4) (0-3) (0-9) (1.6) (2.7) (4.1) ( 6.6) ( 9.4) ( 5.8) ( 3.7) (11.7) ( 6.3) Items in transit (0.3) (0.7) (0.7) (1.0) (1.2) (0,6) (1.3) ( 1.4) ( 2.1) C 2.3) C 2.0) ( 3.4) C 3.0) Contractual liabilities -6.3 -5.7 -7.0 -6.3 -5.9 -3.4 -1.2 -0.3 -O.6 -4.1 -14.3 -8.8 -13.3 To foreign banks (-1.9) (-0.3) (--.-j (-0.2) (-0.2) (-0.5) (---) (-0.3) (-0.6) (-0.3) (-0.7) (-0.8) (-0.5) Use of Fund resources(-4.4) (-5.4) (-7.0) (-6.1) (-5.7) (-2.9) (-1.2) (----) (----) (-3.8) (-13.6) (-8.0) (-12.8) Payment arrears ---- ---- -0.6 -3.3 -3.2 -0.3 --- ---- ---- ___ ---- Commercial arrears (----) (----) (-0.5) (-2.1) (-0.9) (-0.3) (----) (---) (-) (----) (…) (--) (…) External public debt arrears (-- (--) (-0.1) (-.2) (-2.3) (--) (-- (--) --) (--) ---) --) (--) Other banks (net) 0.4 0.1 0.1 0.5 0,2 0.2 1.0 2.5 -0.2 -9.4 -19.8 -14.1 -174 Source: National Bank of the Republic of Haiti and IMF. Iv PUBLIC DEBT Table 4.1: EXTEPNAL PUBLIC DEPT OUTSTANDING INCLUDING UNDISSURSED AS OF DEC. 31. 1975 DEBT REPAYABLE IN FOREIGN CURRENCY AND GOODS (IN THOUSANDS OF U.S. DOLLARS) D E B T O U T S T A N D I N G :I N R Q E A R S TYPE OF CREDITOR ------- -------- CREDITOR COUNTRY DISDU1 SED sUNOISBURSED: TOTAL s PRINCIPAL : INTEREST SUPPLIERS CREDITS CANADA 710 - 710 - FRANCE 150 - ISO - GERMANY, FEO.REP. OF 9 - 9 _ ITALY 29124 - 2,124 - JAPAN 650 - 65 -0 SWEDEN 541 - 541 -- UNITED KINGDOM 50 - SO - UNITED STATES 2r9 - 279 -- TOTAL SUPPLIERS CREDITS 4,513 - 4,513 - PRIVATELY PLACED OONOS CUBA 4,000 - 4,000 - TOTAL PRIVATELY PLACED BONDS 4,000 - 4,000 - - LOANS FROM INTERNATIONAL ORG. IDA 109720 19*660 30,408 - - tDB 6,122 43,776 49,900 - - TOTAL LOANS FROM INTERNATIONAL ORG. 16,842 63,466 60,308 - LOANS FROM GOVERNMENTS CANADA 9,717 _ 9,717 UNITED STATES 26,914 1,697 34,811 TOTAL LOANS FROM GOVERNMENTS 36,S631 7,691 44,528 6 TOTAL EXTERNAL PUBLIC DEST 61,986 71,363 133,349 NOTES: (1) ONLY DEBTS WITH AN ORIGINAL OR EXTENDED MATURITY OF OVER ONE YEAR ARE INCLUDED IN THIS TAZL9 (2) DEST OUTSTANOING INCLUDES PRINCIPAL IN ARREARS BUT EXCLUDES INTEREST IN ARREARS. PACE Table 4.2: SERVICF PAYMENTS, COOMITMENTS, DISBURSEMENTS ANO OUTSTANDING AMOUNTS OF EXTERNAL PU8LIC DEBT PROJECTIONS BASEC CN CEBT OUTSTANDING INCLUDING UNDISBURSED AS OF DEC. 31, l1t5 DEBT REPAYABLE IN FOREIGN CURRENCY AND GOODS (IN THOUSANDS OF U.S. DOLLARS$ TYPE OF CREDITOR SUPPLIEPS CREDITS CREDITOR CCUNTRY CANADA YEAR : DEBT OUTSTANDING AT : T R A N S A C T I 0 N S D U R I N G P E R I 0 D OTHER CHANGES : BEGINNING OF PERIOD : : DISBURSED : INCLUOING COMMIT- : CISBURSE- : S E R V I C F P A Y M E N T S : CANCEL- ADJUST- ONLY :UNDISBURSED: MENTS : MENTS :…-----------:----------------------: LATIONS : MENT * : PRINCIPAL : INTEREST s TOTAL s (1) s (2) (3) (4) (5) (6) 2 (7) (8) : 191 1970 1,167 4,000 1,507 2,324 1,507 - 1,507 - - 1971 1,984 4,000 2,969 1,865 2,109 - 2,109 2,260 - 1972 1,740 2,600 - 550 1,463 11 1,474 - - 1973 827 1,137 - 310 277 12 289 - - 1974 860 860 - - - 12 12 - - 1975 860 860 - - 150 24 174 - - 1976 710 710 * * * * * * THE FOLLOWING FIGURES ARE PROJECTED * * * * * * 1976 710 710 - - 178 40 218 - 1 1977 533 533 - - 178 29 207 - - 1978 355 355 - - 178 19 197 - I 1979 178 178 - - 178 8 186 - - * THIS COLUMN SHOWS THE AMOUNT CF ARITHMETIC IM8ALANCE IN THE AMOUNT OUTSTANDING INCLUDING UNDISBURSED FROM ONE YEAR TO THE NEXT. THE MOST COMMON CAUSES OF IMBALANCES ARE CHANGES IN EXCHANGE RATES AND TRANSFER OF DEBTS FROM ONE CATEGORY TO ANOTHER IN THE TABLE. PAGE 2 SFRVICL PAYMENTS* COMMI T"!, 'St 0 pfOR5FmCt., - 2UTSTANDING AMQUNTS aF EXTERNAL OUO LC DEBT PRCJFCTICNS PASEC Oh l> I ' 7 Ot SIAN r INC !NC LUING UNISBURSEC AS OF DEl. ,T1 ,19 DEP,7 R' AYABLE IN FORE IGN CURRENCY AND GOOD1 (IN THOUSANDS OF U.S. DOLLARS) TYPE OF CREDITOR StuPP1IERS CREDITS CREDITOR COUt,!PY CUBA YEAP OEBT OUTSTANOING AT s A N S A C T i 0 N S 0 U P I N G p E R I 0 0 l:rER. CHANGES BEGINNING nF PERIOD D ISBURSED : INCLUDING CCMMIT- OISBURSE- : S E R V I C E P A Y M E N T S CANCEL- : ADJUST- ONLY :UNDISBURSED. MENTS MENTS :- --- LATIONS *MENT * PRINCIPAL INTEREST TOTAL : (Il : ({21 ( 131 (41 (5) (6) (7) (8) (9) 1970 267 26?7 1971 267 26 7 - - - 1972 267 267 - - -- 1973 267 267 - - - 267 - 1974 - - - 1975 - 1976 * * * * * * THE FOLLOWING FIGUPES ARE PROJECTED * * * 4 * * * THIS COLUMN SHOWS THE AMOUNT OF ARITHMETIC IMBALANCE IN THE AMOUNT OUTSTANDING INCLUDING UNDISOURSED FRCM ONE YEAR TO THE NEXT. THE MOST COMMON CAUSES OF IMBALANCES ARE CHANGES IN EXCHANGF RATES AND TRANSFER OF DEBTS FROM ONE CATEGORY TO ANOTHER IN THE TABLE. PAGE 3 SFPVICE PAYMENTS, COPMITMFENTS, DISBURSEtMENTS AND CUTSTANDING AMCUNTS OF EXTERNAL PUBLIC DEBT PROJFCTIONS BASEC CN rEer OUTSTANCING INCLUDING UNDIS8URSED AS OF DEC. 31, 1975 DEBT REPAYABLE IN FnREIGN CURRENCY AND GOODS (IN THOUSANDS OF U.S. DOLLARSI TYPE OF CREDITOR SUPPLIERS CREDITS CREDITCR COU'4TRY FRANCE YEAR : DEBT OUTSTANDING AT T R A N S A C T I 0 N S 0 U R I N G P E R I 0 0 OTHER CHANGES : BEGINNING OF PERIOC DISBURSED : INCLUDING CCMMIT- : DISBURSE- : S E R V I C E P A Y N E N T S CANCEL- s ADJUST- ONLY :UNDISBURSED: MENTS : MENTS :-----------s-----------t-----------: LATIONS : MENT * : PRINCIPAL : INTEREST : TOTAL : (1) 129 (31 (41 (5: (6) (71 3 (8) : 19) 1970 1,147 1,147 - - 247 30 277 - - 1971 900 900 - - 150 29 179 - - 1972 750 750 - - 150 21 171 - - 1973 600 600 - - 150 17 167 - - 1974 450 450 - - 150 12 162 - - 1975 300 300 - - 150 8 158 - _ 1976 150 150 * * * * * * THE FOLLOWtNG FIGURES ARE PROJECTED * * * * * * 1976 1SC 150 150 4 154 - _ * THIS COLUMN SHOWS THE AMOUNT OF ARITHMETIC IMBALANCE IN THE ANoUNT OUTSTANDING INCLUDING UNOISEURSEO FROM ONE YEAR TO THE NFXT. THE MOST COMMON CAUSES OF IMBALANCES ARE CHANGES IN EXCHANGE RATES AND TRANSFER OF DEBTS FROM ONE CATEGORY TO ANOTHER IN THE TA8LE. PAGE 4 SERVICE PAYMENTS, C'YMI T-NTS, AsREUTS h UVSTANCING AMCUNTS OF EXTERNAL PUBLIC DEBT PROJECT[ONS A 5Ft C0, ~E T OuTsTANCINC iNCLL.-BING uNDlS8URSEOl AS OF DEC. 31, liI5 OEP RFPAYA81LE IN SrPEI ll;N CURRENCY AND GOODS (IN THO(JSANDS OF U.S. DOLLARS1 TYPE OF CREDITOR SUPPLIFRS CREDITS CREOITOR COUi TRY GER4ANY, FED.REP. OF YEFAR DEBT OUTSTANDING AT T R A N S A C T I 0 N S n u P N P E R I 0 0 : CTMER CHANGES BEGINNING OF PERIOt -- - -- - - -- - -- - - -- - -- - - -- - -- - - -- - -- - -- - -- - - -- - -- --- - -- - - - - -- - - - - DISBURSED: INCLUDIhG C CMMIT-: OIS5BURSE-: S E R V I C E P A Y M E N T S CANCEL- ADJUST- f3NLY 2UNDISBURSEO: MENTS : MENTS ----------- --- -- : ---: LATIONS MENT * : : : s : PRINCIPAL : INTEREST 2 TOTAL : : {Il : 21 (31 (4) : t5) : (?I la) 2 (9) 1970 22 22 - - 6 - 6 - - 1971 16 16 - - 2 1 3 - - 1972 14 14 - - - - _ _ _ 1973 14 14 - - 5 - - 1974 9 9 - - - _ _ _ 1975 9 9 - - - - _ 1976 9 9 * * * 4 * * THE FOLLOWING FIGURES ARE PROJECTED * * * * * * 1976 9 9 - - - - -9 * TH1S COLUMN SHOWS THE AMOUNT CF ARITHMETIC IMBALtANCE IN THE AMOUNT OUTSTANDING INCLUDING UNDISBURSEV FROIQ ONE YEAR TO THE NEXT. THE MOST COQMMON CAUSES OF IMBALANCES ARE CHANGES IN EXCHANGE RATES AND TRANSFER CF DEBTS FROM ONE CATFGORY TO ANCTHER IN THE TABLE. PAGE S SERVICE PAYMENTS, COOMITMENTS9 DISBURSEMENTS ANO OUTSTANDING AMOUNTS OF EXTERNAL PUBLIC DEBT PROJFCTIONS BASED ON nEBT OUTSTANDING INCLUDING UNDIS8URSEC AS OF DEC. 31, 19!5 FCCTNCTE: CEeTS EXCLUDEC BECAUSE REPAYMENT TERMS UNKNOWIN. TYPE OF CREDITOR SUPPLIERS CREDITS CRFDITOR CCUNTRY GERMANY* FED.RFP. OF YEAR : OE9T OUTSTANDING AT : BEGINNING OF PERIOD D DISBURSEO : INCLUDING ONLY :UNDISBURSED 1976 7 7 * THIS COLUMN SHOWS THE AMOUNT CF ARITHMETIC IMBALANCE IN THE AMOUNT OUTSTANDING INCLUDING UNDISOURSED FROM ONE YEAR TO THE NEXT. THE MOST COMMON CAUSES OF IMBALANCES ARE CHANGES IN EXCHANGE RATES AND TRANSFER OF DEBTS FROM ONE CATEGORY TO ANOTHER IN THE TABLE. PAw 6 SERVICE PAYMENTS, COPMITlFNTS, OISBURSEMENTS AND OUTSTANDING AMOUNTS OF EXTERNAL PUBLIC OE8T PROJECTIONS BASED CN [E8T OUTSTANDING INCLUDING UNDISBURSED AS OF DEC. 31, 1975 DEBT REPAYABLE IN FOREIGN CURRENCY AND GOODS (IN THOUSANDS OF U.S. DOLLARS) TYPE OF CREDITOR SUPPLIERS CREDITS CREDITOR CCEtNTRY ITALY YEAR : OEOT OUTSTANDING AT T R A N S A C T I a N S 0 U R I N G P E R I 0 O 2 OTHER CHANGES s BEGINNING OF PERIOC : DISBURSED : INCLUDING : COMM IT- : DISBURSE- 2 S E R v I C E P A Y M E N T S t CANCEL- * AOJUST- : ONLY :UNOISBURSED: MENTS : MENTS :----------- -----------I---------- LATIONS : MENT * : PRINCIPAL 2 INTEREST t TOTAL I : (Is() 2 (2) ( 3) : 4 4 : (5) 2 s 6) 1 (7) t (6) t (9) 1970 1,426 2,426 3,784 19604 621 170 7?1 - 1971 2,689 5,569 300 1,100 1,001 129 1.130 - 1972 2,788 4,868 - 2,100 1,024 170 1.194 - 1973 3,664 3,864 - - 1,073 253 1,326 - 1974 2,791 2,791 19266 1,266 1,018 222 1,240 - 1975 3,039 3,039 - - 915 186 1,101 - 1916 2,124 2,124 * * * * * * THE FOLLOWING FIGURES ARE PROJECTED S * * * * 1976 29124 2,124 - - 650 129 919 - 1977 1,274 1,274 - - 050 72 92* - 1978 425 425 - - 425 14 439 - * THIS COLUMN SHOWS THE AMOUNT CF ARITHMETIC IMBALANCE IN THE AMOUNT OUTSTANDING INCLUDING UNDISBURSED FROM ONE YEAR TO THE NEX?. THE MOST COMMON CAUSES OF IMBALANCES ARE CHANGES IN EXCHANGE RATES AND TRANSFER OF DEOTS FROM ONE CATEGORY TC ANOTHER IN THE TABLE. PAGE 7 SERVICE PAYMENTS, COMMITMENTS, DISBURSEMENTS AND OUTSTANDING AMOUNTS OF EXTERNAL PUBLIC DEBT PROJECTIONS BASED CN DEBT OUTSTANDING INCLUDING UNDISAURSED AS OF DEC. 319 1975 DEBT REPAYABLE IN FOREIGN CURRENCY AND GOODS (IN THOUSANDS OF U.S. DOLLARS) TYPE OF CREDITOR SUPPLIERS CREDITS CREDITCR COUNTRY JAPAN YEAR : DEBT OUTSTANDING AT : T A A N S A C T I 0 N S D U R I N G P E R I 0 0 OTHER CHANGES : BEGINNING OF PERIOD : DISBURSED : INCLUDING COMMIT- : DISBURSE- : S E R V I C E P A Y M E N T S CANCEL- : ADJUST- : ONLY :UNDISBURSED: MENTS : MENTS : …-----------:-----------t------- LATIONS : MENT * : : : : : PRINCIPAL : INTEREST 5 TOTAL : (i : 21 (3) : (4) : (52 : 5 (6) £ (7) : (8) (9) 1970 - _ _ _ _ _ _ _ _ 1971 - - 900 - - - 1972 - 900 - 576 - 59 59 1973 576 900 - 324 108 59 167 1974 792 792 - - 125 46 171- 1975 667 667 - - 170 44 214 - 153 1976 650 650 * * * * * * THE FOLLOWING FIGURES ARE PROJECTED * * * * * * 1976 650 650 - - 163 43 206 - 1 1977 488 488 - - 163 31 194 - - 1978 325 325 - - 163 20 183 - 1 1979 163 163 - - 163 9 172 - * THIS COLUMN SHOWS THE AMOUNT OF ARITHMETIC IMBALANCE IN THE AMOUNT OUTSTANDING INCLUDING UNDISEURSEC FROM ONE YEAR TO THE NEXT. THE MOST COMMON CAUSES OF IMBALANCES ARE CHANGES IN EXCHANGE RATES AND TRANSFER OF DEITS FROM ONE CATEGORY TO ANOTHER IN THE TABLE. PAGE 8 SERVICE PAYMA-NTS, C010MITMFNTS, DISBURSEMIUNTS ANlC ArSTANCING AMOUNTS OF EXTERNAL PUBLIC DEBT PRCJECTWNS BA^SEL ON f FHT OUTSTANOING !NCLUDING UNDISBURSED AS OF DEC. 31e 1975 DEBT REPAYABLE IN FORFIGN CURRENCY AND GOODS u t1 TFIOU(SANDS OF U.S. DOLARSi TYPE CF CREDITOR SUPPEI-tES CPFfIrTS CREDITOR COUN':TRY SwEDEN YEAR DEBT OUTSTANDING AT : I R A N S A C t I 0 N S O U R I N G p F R I 0 o OTHER CHANGES BEGINNING OF PERIOD : DISBURSED INCLUOING CCOMIT- DISB 0 URSE- S 5 E R V I C F P A Y M F N T S CANCEL- I ADJUST- : ONLY :UNDISBURSED: MENTS 2 MENTS… : : --;----------- LATIONS M MENT * * : : : . PRINCIPAL : INTEREST : TOTAL * l I I ;(1) l (2) (31 (4) (5) (6) ( 7) (8 (9) 1970 - 1971 - - - - - - - 1 972 - - _ _ _ _ _ 1973 - - 19625 - - 1974 - 1,625 - 1,056 542 - 542 1975 514 1 ,083 - 569 542 - 542 1976 541 541 * * * * * * THE FOLLOWING FIGURES ARE PROJECTED * * * P * 1976 541 541 - - 541 42 583 * THIS COLUMN SHOWS THE AMOUNT GF APITHMETIC IMSALANCE IN THE AMOUNT OUTSTANDING INCLUDING UNIOISOURSED FRaM ONE YEAR TO THE NEXT. THE MOST COMMON CAUSES OF IMBALANCES ARE CHANGES IN EXCHANGE RATES ANO TRANSFER OF DEBTS FROM ONF CATEGORY TO ANOTHER IN THE TABLE. PAGE 9 SERVICE PAYMENTS, COIMITMENTS, DISBURSEMENTS AND OUTSTANDING AMOUNTS OF EXTERNAL PUBLIC DEBT PROJECTIONS BASED ON DFBT OUTSTANDING INCLUDING UNOIS8URSEO AS OF DEC. 31, 1975 DEBT REPAYABLE IN FOREIGN CURRENCY AND GOODS (IN THOUSANDS OF U.S. DOLLARSI TYPE OF CREDITOR SUPPLIERS CREDITS CREDITOR CGUNTRY UNITED KINGDOM YEAR DE8T OUTSTANDING AT : T R A N S A C T I C N S 0 U R I N G P E R I 0 D s OTHER CHANGES : BEGINNING OF PERIOD : s…-- … s DISBURSED : INCLUDING : COMMIT- : DISBURSE- s S E R V I C E P A Y M E N T S : CANCEL- : ADJUST- : ONLY :UNOISSURSEO: MENTS : MENTS :……-_ -----:-----------:- - --------s LATIONS : MENT * : PRINCIPAL s INTEREST : TOTAL (1 s (2) (3: (53 (63 (73 (63 s (93 1970 951 951 - - 150 30 ISO - 1971 801 801 - - 150 21 171 - 1972 651 651 - - 151 16 169 - 1973 500 500 - - 150 14 164 - 1974 350 350 - - 150 9 159 - 1975 200 200 - - 150 5 155 - 1976 50 50 * * * * * * THE FOLLOWING FIGURES ARE PROJECTED * * * * * * 1976 SO 50 - - 50 1 51 - * THIS COLUMN SHOWS THE AMOUNT CF ARITHMETIC ImBALANCE IN THE AMOUNT OUTSTANDING INCLUDING UNDISBURSEC FROM ONE YEAR TO THE NEXT. THE MOST COMMON CAUSES OF IMBALANCFS ARE CHANGES IN EXCHANGE RATES AND TRANSFER CF DEBTS FROM ONE CATEGORY TO ANOTHER IN THE TABLE. PAGE 10 SERVICE PAYMENTS, CC8MIT'FNTS, CISBUPSFMFNTS aNP OUTSTANDING AMOUNTS OF EXTERNAL PUBLIC DEBT PROJECTIONS BASEC ON CE8T OUTSTANDING INCLUOING UNDISBURSED AS OF DEC. 31, 1975 DEST REPAYA8LE IN FOREIGN CURRENCY AND GOODS (IN THOUSANDS OF U.S. DOLLARS) TYPE OF CREDITOR SUPPLIERS CREDITS CRFOITCR CCUNTRY UNITED STATES YEAR : DERT OUTSTANDING AT : T R A N S A C T I C N S 0 U R I N G P E R I 0 0 OTHER CHANGES : BEGINNING OF PERIOO : DISBURSED : INCLUDING COMMIT- : DISBURSE- : S E A V I C E P A Y M E N T S CANCEL- : ADJUST- ONLY :UNDISBURSED: MENTS : MENTS :………-----…--: ----------- o---------: LATIONS : KENT * : PRINCIPAL : INTEREST : TOTAL s (1) : (21 (31 (4 : (53 (6) (71 t (8a S (9) 1970 45 45 - _ _ _ _ _ 1971 45 45 315 -- - - 1972 45 360 - 212 -4 4 - 1973 257 360 - 103 - 4 4 - 1974 360 360 - - 26 6 32 - 1975 334 334 - - 55 9 64 - 1976 279 279 * * * * * * THE FOLLOWING FIGURES ARE PROJECTED * * * * * * 1976 279 279 - - 56 8 64 - -45 1977 178 178 - - 58 6 64 - 1978 120 120 - - 59 5 64 - 1979 61 61 - - 61 3 64 - * THIS COLUMN SHOWS THE AMOUNT CF ARITHMETIC IMBALANCE IN THE AMOUNT OUTSTANDING INCLUDING UNDISBURSED FROM ONE YEAR TO THE NEXT. THE MOST COMMON CAUSFS OF IMBALANCES ARE CHANGES IN EXCHANGE RATES AND TRANSFER CF DEBTS FROM ONE CATEGORY TC ANOTHER IN THE TABLE. PAGE Il SERVICE PAYMFNTS, COPMITMENTS, 0ISBURSEMFNTS AND OUTSTANDING AMOUNTS OF EXTERNAL PUBLIC DEBT PRCJECTIONS BASED CN DEBT OUTSTANDING INCLUDING UNDISBURSED AS OF DEC. 31, 1975 FCCTNCTE: DfEETS FXCLUDED BECAUSE REPAYMENT TERMS UNKNOWN. TYPE OF CREDITOR SUPPLIERS CREDITS CREDITOR CCUNTRY UNITED STATES YEAR : DEBT OUTSTANDING AT : BEGINNING OF PERIOD CISBURSED : INCLUDING : ONLY :UNDISBURSED 1976 45 45 * THIS COLUMN SHOWS THE AMOUNT OF ARITHMETIC IMBALANCE IN THE AMOUNT OUTSTANDING INCLUDING UNOISBURSED FROM ONE YEAR TO THE NEXT. THE MOST COM"ON CAUSES OF IMBALANCES ARE CHANGES IN EXCHANGE RATES AND TRANSFER OF OEBTS FROM ONE CATEGORY TO ANOTHER IN THE TABLE. PAGE 12 SERVICE PAYMFNTS, CCOMITMEPNTSt DIS8URSEMENTS ANO OUTSTANDING AMOUNTS OF EXTERNAL PUBLIC DEST PPCJECTICNS BASEC ON CEBT OUTSTANDING INCLUDING UNDiSBURSED AS OF DEC. 31, 1975 DEBT REPAYABLE IN FOREIGN CURRENCY AND GOODS (IN THOUSANDS OF U.S. DOLLARS) TYPE OF CREDITOR SUPPLIERS CREDITS TOTAL YEAR : DEeT OUTSTANDING AT : T R A N S A C T I 0 N S D U R I N G P E R I 0 D OTHER CHANGES : BEGINNING OF PERIOD : ________- ----------------------------------------- -----------------______ : DISBURSED ' INCLUDING CCMMIT- D0ISBURSE- S E R V I C E P A Y M E N T S : CANCEL- 3 AOJUST- : ONLY :UNDISBURSED: MENTS MENTS --------:-----------s-----------: LATIONS : MENT * PRINCIPAL: INTEREST: TOTAL 1(1) (2) (3) : (4) (5) : 6) z (7 () l 9) 1970 5,025 8,858 5,291 4,208 2,531 230 2,761 - 1971 6,702 11,618 4,484 2,965 3,412 180 3,592 2,260 1972 6,255 10,430 - 3,438 2,788 283 3,0t1 - 1973 6,905 7,642 1,625 737 1,763 359 2,122 267 1974 5,612 7,237 1,266 2,322 2,011 307 2,318 - - 1975 5,923 6,492 - 569 2,132 276 2,408 - 153 1976 4,513 4,513 * * * * * * THE FOLLOWING FIGURES ARE PROJECTED * * * * * * 1976 4,513 4,513 - - 1, 988 267 2,255 - -52 1977 2,473 2,473 - - 1,249 138 1,387 - I 1978 1,225 1,225 - - 825 58 883 - 2 1979 402 402 - - 402 20 422 - - * THIS COLUMN SHOWS THE AMOUNT OF ARITHMETIC IMBALANCE IN THE AMOUNT OUTSTANDING INCLUDING UNDIS0URSED FROM ONE YFAR TO THE NEXT. THE MOST COMMON CAUSES OF IMBALANCES ARE CHANGES IN EXCHANGE RATES AND TRANSFER OF DEBTS FROM ONE CATEGORY TO ANOTHER IN THE TABLE. PAGF 13 SERVICE PAYMENTS, COOMITMENTS, OISBURSEMENTS AND OUTSTANDING AMOUNTS OF EXTERNAL PUBLIC DEBT PRCJECTIONS 8ASEO ON CEHT OUTSTANDING INCLUOING UNDIS8URSED AS OF DEC. 31, 1975 FOCTNOTE: OEBTS EXCLUDED BECAUSE REPAYMENT TERMS UNKNOWN. TYPE OF CREDITOR SUPPLIERS CREDITS YEAR : DEBT OUTSTANDING AT : BEGINNING OF PERIOD …- -- -- _____________ D DISBURSED : INCLUDING : ONLY :UNOISOURSEO 1976 52 52 * THIS COLUMN SHOWS THE AMOUNT OF ARITHMETIC IMBALANCE IN THE AMOUNT OUTSTANDING INCLUDING UNDISBURSED FROM ONE YEAR TO THE NEXT. THE MOST COMMON CAUSES OF IMBALANCES ARE CHANGES IN EXCHANGE RATES AND TRANSFER OF DEBTS FROM ONE CATEGORY TO ANOTHER IN tHE TABLE. PAE, 14 S E V< PA'Y T N,iT 0, r3158u SR Nt kj MFNTA rt NID I ,$r Ad NT I F- AENRCN ptt11 .r CIp- A PR;,JFEC1iUN' bA4SEC C N O>;r Li UTSTANU ING I N CUDIIG U IN% 0 I,J R S E L A. DiEC. ,i 15 uEW RFFAYABLf IN FOREIGN CURRENCY AND GOC1D (IN THOUStANS OF U S% DOLLARS1 TYPE (OF CREOITOk PRIVATELY PLACED BONDS CREDITCR CCUNTRY CUBA YEAP DET OUTSTANDING AT . T A b 4 E I ( N S U F N C' P F C 0 , OtChER ANGES dEGINNIN6 OF PER IOU DISBURSEO . INCLUDING COMO IZT--- 0 I S BURSE - S F F t I & I PAYV - N t S CANCEL- 5 AUJUST- cNLY :uNOISBURSEDI MFNTS MENTS - ---------- ---t.-Z AIlONS ME-NT * PRINCtPAL INTEREST TOtAL : ll I : l(21 (3?1 ( 41 ( (6) 1 (981 (9) 1970 4,000 4,000 - _ _ _ 1971 4,000 4,000 - - - - 1972 4,000 4,000 - 1973 4,000 4,000 - 1974 4,0C0 4,000 - O - - 1975 4,000 4,000 - 1976 4,000 4,000 * * * * * * THE FOLLOWING FIGURES ARE PROJECTED * * * * * * 1976 4,000 4,000 4- -4,000 * THIS COLUMN SHOWS THE AMOUNT CF ARITHMETIC IMBALANCE IN THE AMOUNT OUTSTANDING INCLUDIN UNOISBURSED FROM ONE YEAR TO THE NEXT. THE MOST COMMON CAUSES OF IBALANCES ARE CHANGES IN EXCHANGE RATES AND TRANSFER OF 061S5 FROM ONE CATEGORY TO ANOTHER IN THE TABLE. PAGE 15 SERVICE PAYMENTS, COMMITMENTS, DISBURSEMENTS AND OUTSTANDING AMOUNTS OF EXTeRNAL PUBLIC DEBT PROJECTIONS BASEC ON DEBT OUTSTANDING INCLUDING UNDIS8URSED AS OF OEC. 31, 1975 FCCTNOTEz DEBTS EXCLUDEO BECAUSE REPAYMENT TERMS UNKNOWN. TYPE OF CREDITOR PRIVATELY PLACED BONDS CREDITOR COUNTRY CUBA YEAR : DEST OUTSTANDING AT B BEGINNING OF PERIOD D DISBURSED s INCLUDING ONLY :UNOIS8URSEO 1976 4,000 4,000 * THIS COLUMN SHOWS THE AMOUNT OF ARItHMETIC IMBALANCE IN THE AMOUNT OUTSTANDING INCLUDING UNOIS8URSEO FROM ONE YEAR TO THE NEXT. THE MOST COMMON CAUSES OF IMBALANCES ARE CHANGES IN EXCHANGE RATES AND TRANSFER OF OE8TS FROM ONE CATEGORY TO ANOTHER IN THE TABLE. PAGE 16 SERVICE PAYMENTS, CCPfITMENTSv DISBURSEMENTS AND OUTSTANDING AMOUNTS OF EXTERNAL PUBLIC DEBT PRCJECT IONS BASED ON CEBT OUTSTANDING INCLUDING UNOISBURSED AS OF DEC. 31, 1975 DEBT REPAYAELE IN FOREIGN CURRENCY AND GOODS (IN THOUSANDS OF U.S. DOLLARS) TYPE OF CREDITOR PRIVATELY PLACED BONDS TOTAL YEAR DEBT OUTSTANDING Al : T R A N S A C T I 0 N S D U R I N G P E A I 0 D OTHER CHANGES BEGINNING OF PERIOO : DISBURSED : INCLUDING COMMIT- : DISBURSE- s S E R V I C E P A Y M E N T 5 C CANCEL- s ADJUST- : ONLY :UNDISBURSED: MfNTS : MENTS ----------- …----------- - --- LATIONS : 4ENT * : : : : t PRINCIPAL : INTEREST : TOTAL : s (1) (2 s (3) s (4) : (5) (63 (713 (8I 5 (93 1970 4,000 4.,000 - - - - - - - 1971 4,000 4,000 - - - - - - 1972 4,000 4,000 - - 1973 4,000 4,000 - - - - _ _ 1974 4,000 4,000 - - - - - - 1975 4,000 4,000 - - - _ _ _ 1976 4,000 4,000 * * * * * * THE FOLLOWING FIGURES ARE PROJECTED * * * * * * 1976 4,ooo 4,000 - - - - - - -4,o0o * THIS COLUMN SHOWS THE AKOUNT OF ARITHMETIC IMSALANCE IN THE AMOUNT OUTSTANOING INCLUDING UNDISBURSEC FROM ONE YEAR TO THE NEXT. THE MOST COMMON CAUSES OF tMBALANCES ARE CHANGE$ IN EXCHANGE PATES ANO TRANSFER OF DEBTS FROM ONE CATEGORY TO ANOTHER IN THE TABLE. PAGE 17 SERVICE PAYMFNTS, COPMITMENTS, DISBURSEMENTS ANO OUTSTANDING AMOUNTS OF EXTERNAL PUBLIC DEQT PRCJECTIONS BASEC ON DEST OUTSTANDING INCLUOING UNOISBURSEO AS OF OEC. 319 1975 FOOTNOTE: DEBTS EXCLUOED BECAUSE REPAYMENT TERMS UNKNOWN. TYPE OF CREDITOR PRIVATELY PLACED saNdS YEAR O OEBT OUTSTANDING AT BEGINNING OF PERIOD …I…______X----------------------- s DISBURSED s INCLUDING * ONLY sUNDISEURSED 1916 4,000 4,000 * THIS COLUNN SHOWS THE AMOUNT CF ARITHMETIC IMBALANCE IN THE AMOUNT OUTSTANDING INCLUWING UNDISBURSEE FROM ONE YEAR TO THE NEXT. THE MOST COMMON CAUSES OF IMBALANCES ARE CHANGES IN EXCHANGE RATES ANO TRANSFER OF DEBTS FROM ONE CATEGORY TO ANCTHER IN THE TABLE. PAGE IB SERVICE PAYMENTSI CSCMITMENTS, IESBURSFMENTS ANt OUtSTANOING AMOUNNTS EXTFRqNA PU8ebt. DEE PPF:JFCTIa!N$ 8dSEC ON SEsT Ou STANDING INCLUDING UNDfSeURSE6 4S '3F OEC. 3Hl. 197S DEBt REPAYABLE IN FOREIGN CURRENCY AND GODlS (IN THOUSANDS OF U.S. DOLLARS? IYPE OF CREDITOR LOtANS FROO' INTERNATIONAL ORG. CREDITOR COUNTRY t9RC YEAR : DEBT OUTSTANDING AT R, A N S A C T I C N S 0 R I N G P E R I C C OTHER C%ANGES : BEGINNING OF PERIOC DISBURSEC : INCLUDING CCmmIT- OISHURSF- S E P V I C F P A V Y F N T S CANCEL- ADJUST- ONLY :UNDISBURSED, MENTS M MENTS - :---- -- - --------- LATIONS MENT * PRINCIPAL INTEREST s TOTAL 2 (I (1 2) . (4s{) ( 5) * 6) t 7 Is) : ( 9) 1970 624 624 - - 235 30 265 - - 1971 389 389 - - 317 13 330 - - 1972 72 72 - 72 3 75 - - 1973 - - - - - 1974 - - 1975 - - _ _ _ 1976 - _ * * * * * * THE FOLLOWING FIGURES ARE PROJECTED * * * * * * * THIS COLUMN SHOWS THE AMOUNT OF ARITHMETIC IMALA1NCE IN THE AMOUNT OUTSTANDING INCLUDING UNDISSURSEO FROM ONE YEAR TO THE NEXT. THE MOST COMMON CAUSES OF 14ALANCES ARE CHANGES IN EXCHANGE RATES AND TRANSFER Of DEftS FROM ONE CATEGORY TO ANOTHER IN THE TABLE. PAbI, 19 SERVICE PAYMENTS, COMITMENTS, DISBURSEMENTS ANO OUTSTANDING AMOUNTS OF EXTERNAL PUBLIC DEST PROJECTIONS 8ASEO ON CEFT OUTSTANDING INCLUDING UNDISBURSED AS OF DEC. 31, 1975 DEBT REPAYABLE IN FORfIGN CURRENCY AND GOODS (IN THOUSANDS OF U.S. DOLLARS) TYPE OF CREDITOR LOANS FROM INTERNATIONAL ORG. CREOITOR COUNTRY IDA YEAR s DEBT OUTSTANDING AT : T R A N S A C T 1 0 N S 0 U R I N G P E R I a D O OTHER CHANGES 2 BEGINNING OF PERIOD : 2 …-------…------.-- ---------------------------------…----. __________ DISSURSED : INCLUDING : COMMIT- : DISBURSE- : S E R V I C F P A Y M E N T S : CANCEL- I ADJUST- ONLY :UNDISSURSED: MENTS 2 MENTS 2 -------- -s- ---------- ----- : LATIONS 3 MENT * s 2 PRINCIPAL : INTEREST * TOTAL 2 2 (1) (2) (31 (4) (5) * (6) 2 (7) 2 (8 2 (90 1970 350 350 - - - 3 3 - - 1971 350 390 - - - I 1 - - 1972 350 3S0 - - 2 4 6 - 30 1973 378 378 - - 4 5 9 - 42 1974 416 416 10,000 907 4 4 8 - - 1975 1,319 10,412 20,000 9,405 4 Zs 32 - - 1976 10,720 30,408 * * * * * THE FOLLOWING FIGURES ARE PROJECTED * * * * * * 1976 10,720 30,408 - 4,188 4 61 85 - - 1977 14,904 30,404 - 11,500 4 111 I1S - - 1970 26,400 30,400 - 4,000 4 197 201 - -1 1979 30,395 30,395 - - 4 228 232 - - 1980 309391 30,391 - - 4 228 232 - - 1981 30,387 30,38? - - 4 226 232 - - 1982 30,3e3 30,383 - - 8 226 236 - -1 1983 30,374 30,374 - - 13 228 241 - 1 1984 30,362 30,3S2 - - 63 228 291 - - 1985 30,299 30,299 - - 313 22T 540 - - 1986 29,986 29,986 - - 313 224 537 - I 1987 29,674 29,674 - - 313 222 535 - 1988 29,361 29,361 - - 313 219 532 - 1989 29,048 29,048 - - 313 217 530 - 1 1990 26,736 28,736 - - 313 215 526 - 1991 28,423 28,423 - - 313 213 5z6 - 1992 28.110. 28,110 - - 313 210 523 - 3 1993 27,798 27,798 - - 313 208 521 - 1994 27,485 27*485 - - 413 206 619 - 1995 27,072 27,072 - - 913 202 1,115 - I * THIS COLUMN SHOWS THE AMOUNT CF ARITHMETIC IMBALANCE IN THE AMOUNT OUTSTANDING INCLUOING UNDISSURSED FROM ONE YEAR TO THE NEXT. THE MOST COMMON CAUSES OF IMBALANCtS ARE CHANGES IN EXCHANGE RATCS ANO TRANSFER OF OEITS FROM ONE CATEGORY TO ANOTHER IN THE TABLE. PAGE 20 SERVICE PAYMFNTS, CC tIuNTS, C,ISURSEMENTS ANC lUTSTANOING AMOUNTS OF EXTERNAL PUBLIC, DEBT PROJECTIONS BASEC 8N T:8T OUTSTANDING INCLUDING UNDISBUPSED AS OF DEC. 31, 1975 DEET REPAYABLE IN FOREIGN CURRENCY AND GOODS (IN THOUSANDS OF U.S. DOLLARS) TYPE OF CREDITOR LOANS FROM INTERNATIONAL ORG- CREDITOR CCUNTRY 108 YEAR : DEBT OUTSTANDING AT t T R A N S A C T I 0 N S D U R I N G P E P I C 0 : OTHER CHANGES : BEGINNING OF PERIOC : I …2…-- --- -- -- - - -- -…---- - -- - - - -- -- -- -- --------------------- ----------~------ - -- DISBURSED : INCLUDING COMMIT- D 0ISBURSE- S E R V I C E P A Y N E N T S : CANCEL- : AOJUST- ONLY :UNOISBURSED: MENTS MENTS …- ----- -t-: LATIONS a ENT * : : : : $ PRINCIPAL * INTEREST a TOTAL 2 t : (1 : (2) (3) 1(4) a (5 a (61 * (7) a l6 t (9 1970 - _ _ _ _ 1971 - _ 1972 - - - - - - - 1973 - - 19,900 - 1974 - 19,900 - 303 - 0 g0 1975 383 19,900 30,000 5,739 - 112 112 - 1976 6,122 49,900 * * t * * * THE FOLLOWING FIGURES ARE PROJECTED * * * * e * 1976 6,122 49,900 - $,070 - 281 261 - 1977 14,192 49,900 - 12,470 - 317 31? - 1978 26,662 49,900 - 14,958 - 377 377 - 1979 41,620 49,900 - 6,080 - 451 451 - 1980 49,700 49,900 - 200 - 495 49f - 1981 49,900 49,900 - - - 49 499 - 1982 49,900 49,900 - - - 499 49 - 1983 49,900 49,900 - - - 49 49 - 19S4 49,900 49,900 - - 490 696 1,186 - 1985 49,410 49,410 - - 533 696 1,229 I 1966 46,678 48,876 - - 1,510 971 2,401 - - 1987 47,368 47,366 - - 1,S20 940 2,460 - -I 1988 45,647 45,847 - - 1,530 909 2,439 - 1989 44,318 44,318 - - 1,541 679 2,420 - - 1990 42,777 42,777 - - 1,552 848 2,400 - -I 1991 41,224 41,224 - - 1,5*3 816 2.379 - 1992 39,662 39,662 - - 1,574 786 2,360 - - 1993 38,088 36,088 - - 1,566 754 2,340 - -t 1994 36,501 36,501 - - 1,596 722 2,320 - 1995 34,904 34,904 - - 1,610 691 2,301 - * THIS COLUMN SHOWS THE AMOUNT OF ARITHMETIC IMBALANCE IN THE AMOUNT OUTSTANDING INCLUDING UNOISBURSEC FROM ONE YEAR TO THE NEXT. THE MOST COMMON CAUSES OF IMBALANCES ARE CHANGES IN EXCHANGE RATES AND TFRANSFER OF DEBTS FROM ONE CATEGORY TO ANOTHER IN THE TABLE. PAGE 21 SERVICE PAYMENTS, COHMITPENTS, DIS8URSEMENTS AND OUTSTANDING AMOUNTS OF EXTERNAL PUBLIC DEBT PRCJFCTIONS BASEC ON CEBT OUTSTANOING INCLUDING UNDISBURSED AS OF DEC. 31. 1975 DEBT REPAYABLE IN FOREIGN CURRENCY AND GOODS (IN THOUSANDS OF U.S. DOLLARS) TYPE OF CREDITOR LOANS FROM INTERNATIONAL ORG. TOTAL YEAR : DEBT OUTSTANDING AT : T R A N S A C T I 0 N S 0 U R I N G P E R I 0 0 s CTHER CHANGES : BEGINNING OF PERIOD : I : DISBURSED : INCLUDIhG : COMMIT- : DISBURSE- t S E R V I C E P A Y M E N T S t CANCEL- t ADJUST- : ONLY :UNDISBURSED: MENTS : MENTS :…---------------------- --- - LATIONS M MENT * : : 2 : : PRINCIPAL 2 INTEREST s TOTAL * 1 (2 1 2 (21 2 (3) 2 (41 (5) t (61 I (7) ( (SII (91 1970 974 974 - - 235 33 26 - - 1971 739 739 - - 317 14 331 - _ 1972 422 422 - - 74 7 e1 - 30 1973 378 378 19,900 - 4 5 9 - 42 1974 416 20,316 10,000 1,290 4 64 8 - - 1975 1,702 30,312 50,000 15144 4 140 144 - - 1976 16,842 80,308 * * * * * THE FOLLOWING FIGURES ARE PROJECTED * * * * * * 1976 16,842 80,308 - 12,258 4 362 366 - - 19T7 29,096 80,304 - 23,970 4 428 432 - - 1978 53,062 80,300 - 18,958 4 574 578 - -1 1979 72,015 80,295 - 8,080 4 679 683 - - 1980 80,091 80,291 - 200 4 723 727 - - 1981 80,287 80,287 - - 4 72? 731 - - 1982 80,283 80,283 - - 8 727 735 -1 1983 80,274 80,274 - - 13 727 740 - 1 1984 80,262 80,262 - - 553 924 1,477 - - 1985 79,709 79,709 - - 846 923 1,769 - 1 1966 18,864 78,864 - - 1,823 1,195 3,018 - I 1987 77,042 77,042 - - 1,833 1,162 2,995 - -1 1988 75,208 75,208 - - 1,843 1,128 2,971 - 1 1989 73,366 73,366 - - 1,854 1,0t9 2,950 - I 1990 71,513 71.513 - - 1,865 1,063 2,926 - -1 1991 69,641 69,647 - - 1,876 1,029 2,905 1 1992 67,772 67,772 - - 1,687 996 2,883 -- 1993 65,886 65,886 - - 1,899 962 2,61 - -1 1994 63,986 63,986 - - 2,011 928 2,939 - I 1995 61,976 61,976 - - 29523 893 3,416 - 2 * THIS COLUMN SHOWS THE AMOUNT OF ARITHMETIC IMBALANCE IN THE AMOUNT OUTSTANDING INCLUDING UNDISBURSEC FROM ONE YEAR TO THE NEXT. THE MOST COMMON CAUSES OF tM8ALANCES ARE CHANGES IN EXCHANGE RATES AND TRANSFER OF OEBTS FROM ONE CATEGORY TO ANOTHER IN THE TABLE. PAGE 22 SERVICE PAYMENTS^ CriMM 'ENTS, DISBURSEMENTS ANO OUTSTANDING AMOUNTS OF EXTERNAt PUBLIC DEBY PROJECTIONS NASFD ON DEB" OUTSTANDING INCLUDING UNDISSURSED AS OF DEC. :3a. 197S DEf AFuAYAeP.E IN FOREIGC CURRC-NCY AND GOODS 1th THCUSANDS OF U.S. DOLLARS$ TYPE OF CREDITOR LOANS FRCM GOVERNMENTS CREDITOR COUNT'RY CANADA YEAR L DEST OUTSTANDING AT T P A N S A C T I IC N 5 0 U R I N G P E R i 0 O 0 HER CHANGES s BEGINNING OF PERIOD . - DISBURSED: INCLUDING COMmIT- DISBURSE- S E R V I C E P A Y P E N T S CANCEL- ADJUST- O ONLY :UNDISSURSEOD MENTS MENTS I-- -----------t LATIONS MENT * s PRINCIPAL I INTEREST TOTAL : 1I 2 121 s (3 (51 (6: (7) (8t : 91 1970 - - - 1972 1 - 10,000 3,300 500 - 50O - - 1973 2,800 9,500 2,500 3,600 2,000 - 2,000 - - 1974 4,400 10,000 2,300 6,600 29300 - 29300 - - 1975 8,700 10,000 1,724 3,024 2,007 - 2,007 - _ 1976 9,717 9,717 * * * * * * THE FOLLOWING FIGURES ARE PROJECTED * * * * * * 1976 9,717 9,717 - - 1,620 - 1,620 - 1 1977 8a098 8,098 - - 1,620 - 1,620 - - 1978 6,478 6,478 - - 1,620 - 1,620 - I 1979 4,859 4,859 - - 1,620 - 1,620 - - 1980 3,239 3,239 - - 1,620 - 1,620 - I 1981 1,620 1,620 - - 1,620 - 1*620 - * THIS COLUHN SHOWS THE AMOUNT OF ARItHMETIC IMBALANCE IN THE AMOUNT OUTSTAN.OING INCLUOING UNDISWURSEO FROM ONE YEAR TO THE NEXT. THE MOST COMMON CAUSES OF IMBALANCES ARE CHANGES IN EXCHANGE RATES AND TRANSFER OF OECTS FROM ONE CATEGORY TO ANOTHER IN THE TABLE. PAGE 23 SERVICE PAYMENTS, CCPlM1TPENTS, DISBURSEMENTS AND OUTSTANOING AMOUNTS OF EXTERNAL PUBLIC DEBT PROJECTIONS BASEC ON CEBT OUTSTANDING INCLUDING UNDISBURSED AS OF DEC. 31. 1975 DEBT REPAYABLE IN FOREIGN CURRENCY AND GOODS (IN THOUSANDS OF U.S. DOLLARS) TYPE OF CREDITOR LOANS FROM GOVERNMENTS CREDITCR COUNTRY UNITED STATES YEAR : DEBT OUTSTANDING AT ; T R A N S A C T I 0 N S 0 U R I N G P E A I 0 0 OTHER CHANGES s BEGINNING OF PERIO0 : S DISBURSED : INCLUDING COMM IT- i DISBURSE- t S E R V I C E P A Y N E N T S : CANCEL- I AOJUST- ONLY SUNDISBURSED: MENTS : MENTS t------------ ----t- LATIONS s ENT * s 2 2 t s PRINCIPAL S INTEREST I TOTAL S a (1) t (2) 2 13) 2 (4 s 15) 2 (6 a) : (a) a (9) 1970 29,753 29,753 141 141 843 170 1,033 - t0 1971 29,111 29,111 - - 194 84 016 - 62 1972 28,399 28,399 - - 925 86 1,013 - -219 1973 27,255 27,255 3,150 - 747 37 184 - - 1974 26,508 29,658 6,000 41 1,794 42 1,63* - -1 1975 24,754 33,363 2,400 3,612 1,452 40 1,492 - - 1976 26,914 34,811 4 * * * * THE FOLLOWING FIGURES ARE PROJECTF * * * * * * 1976 26,914 34,811 - 2,400 1,660 llO 1,70 - _ 1977 27,654 33,151 - 2,231 1,155 674 2034 - I 1978 26,726 319994 - 1,666 1,1i 6 662 2,040 - - 1979 29,236 30,836 - 1,600 1,166 500 2,04 - 1980 29,650 29,650 - - 1,171 656 2,029 - - 1981 21,479 28,419 - 1,291 614 2,113 - - 1982 2?,182 21,182 - - 633 496 1,131 - - 1983 26,549 26,549 - - 1,303 726 2.03i - - 1984 25,246 25,246 - - 1,500 T31 2,231 - - 1985 23,746 23,746 - - 1,115 741 2.326 - - 1966 21,961 21,961 - - 1,117 496 1,415 - -1 1987 20,843 20,843 - - 1,64 6t19 2,503 - 1 1988 18,960 18,960 - - 1,936 *06 2.542 - -1 1989 17 ,023 17.Z23 - - 1,994 486 2,400 - I 1990 15,030 15,030 - - 2,050 417 2,4*6 - -1 1991 12,979 12,979 - - 2,109 346 2,457 - _ 1992 10,870 10,870 - - 2,563 279 2,842 - 1 1993 8,308 8,308 - - 386 247 *33 - -1 1994 7,921 7,921 - - 386 236 622 - - 1995 7,535 7,535 - - 386 224 610 - * THIS COLUMN SHOWS THE AMOUNT CF ARITHMETIC IMBALANCE IN THE AMOUNT OUTSTANDING INCLUDING UNDIS8URSED FROM ONE YEAR TO THE NEXT. THf MOST COMMCN CAUSES OF IMBALANCES ARE CHANGES IN EXCHANGE RATES ANO TRANSFER OF DEBTS FROM ONE CATEGORY TO ANOTHEP IN THE TABLE. PAGE 24 SERVICE PAYMENTS, COPMITMENTS9 DISBURSEMENTS AND OUTSTANDING AMOUNTS OF EXTERNAL PUBLIC DEBT PROJECTtONS BASEC CN CE8T OUTSTANCING INCLUDING UNDISBURSED AS OF DEC. 31, 1975 DEBT REPAYABLE IN FOREIGN CURRENCY AND GOODS (IN THOUSANDS OF U.S. DOLLARS) TYPE OF CREDITOR LOANS FRCM GOVERNMENTS TOTAL YEAR s DEBT OUTSTANDING AT : t R A N S A C T I 0 N S D U R I N G P E R I 0 D OTHER CHANGES BEGINNING OF PERIOO s …______…_5 -----------------------s-----------------------------------------------------------:----------------------- DISBURSED s INCLUDING COMMIT- : DISBURSE- 5 S E R V I C E P A Y M E N T S I CANCEL- s ADJUST- : ONLY :UNOISBURSED; MENTS : MENTS 5 ____ ___ _ ----- _ _-______--s--- LATIONS 2 MENT * s s : : z PRINCIPAL * INTEREST : TOTAL : : (15 : (2) s (3) (4) s (55 (6: (71 (a ) (95 1970 29,753 29,753 141 1*1 863 170 1,033 - 80 1971 29,111 29,111 - - 194 84 876 - 82 1972 28,399 28,399 10.000 3,300 1,425 88 1,513 - -219 1973 30,055 36,755 59650 3,600 2,747 37 2,784 - - 1974 30,90S8 39,658 8,300 6,641 4,094 42 4,136 - -1 1975 33,454 43,863 4,124 6,*36 3,459 40 3,491 - - 1976 36,631 44,528 * * * * * THE FOLLOWING FIGURES ARE PROJECTED * * * * * * 1976 36,631 44,528 - 2,400 3,280 L10 3,390 - I 1977 35,752 41,249 - 2,231 2,778 876 3*654 - 1 1978 35,206 38,472 - 1,666 2,778 882 3,660 1 1979 34,095 35,695 - 1,600 2,806 88o 3,606 - - 1980 32,889 32,889 - - 2,791 858 3,649 - 1 1981 30,099 30,099 - - 2,917 816 3,733 - - 1982 27,182 27,182 - - 633 498 1.131 - - 1983 26,549 26,549 - - 1,303 728 2,031 - - 1984 25,246 25,246 - - 1,500 731 2,2)1 - - 1985 23,746 23,746 - - 1,165 741 2,5*6 - - 1986 21,961 21,961 - - 1.111 498 1,615 - -1 1987 20,843 20,843 - - 1,884 619 290 - I 1988 18,960 18,960 - - 1,936 406 25%*a - -1 1969 17,023 17,023 - - 1,914 46 2.480 - 1 1990 15,030 15,030 - - 2,050 417 2,467 - -I 1991 12,979 12,979 - - 2,109 348 2,457 - - 1992 10,070 10,870 - - 2,563 279 2,842 - I 1993 8,308 8,308 - - 386 247 633 - -I 1994 7,921 7,921 - - 386 234 622 - - 1995 7,535 7,535 - - 386 224 610 - - * THIS COLUMN SHOWS THE AMOKUNT OF ARITHMETIC IMBALANCE IN THE AMOUNT OUTSTANDING INCLUOING UNDISBURSED FROM ONE YEAR TO THE NEXT. THE MOST COMMON CAUSES OF IMBALANCES ARE CHANGES IN EXCHANGE RATES AND TRANSFER OF ODETS FROM ONE CATEGORY TO ANOTHER IN THE TABLE. SFRVICE PAYMENTS, COPPITNFNTS, OISBUPS'MFNTS AND OUTSTANDING AMOUNTS OF EXTERNAL PUBLIC DEBT Page 25 of 25 PROJECTIONS BASEC ON CrbT OUTSTANDING INCLUDING UNDISBURSEO AS OF DEC. 31, 1975 DEBT REPAYAELE IN FORFIGN CURRENCY AND GOODS (IN THCUSANDS OF U.S. DOLLARSI TOTAL YFAR DEBT OUTSTANDING AT : T R A N S A C T I 0 N S 0 U R I N G P F R I 0 0 s OTHER CHANGES BEGINNING Of PERIOC : £ DISBUPSED : INCLUDING CCMMIT- : DISBURSE- : S E R V I C E P A Y M E N T S CANCEL- s ADJUST- ONLY :UNDIS8URSED: MENTS : MENTS :---------- : ---------:----------: LATIONS : KENT * : PRINCIPAL : INTEREST : TOTAL (1) (2 : 131 : 4) 45) (6) : 7) : 8) : 9) 1970 39,752 43w585 5,432 4,349 3,629 433 4,062 - 80 1971 40,5S2 45,468 4,484 2,965 4,523 278 4,801 2,260 82 1972 39,076 43,251 10,000 6,738 4,287 378 4,665 - -189 1973 41,338 48,775 27,175 4,337 4,514 401 4,915 267 42 1974 40,93* 71,211 19,566 10,253 6,109 433 6,542 - -1 1975 45,079 84,667 54,124 22,349 5,595 456 6,051 - 153 1976 61,986 133,349 * * * * * * eTH FOLLOWING FIGURES ARE PROJECTED * * * * * * 1976 6L,986 133,349 - 14,658 5,272 739 6,011 - -4,051 1977 67,321 124,026 - 26,201 4,031 1,442 5,473 - 2 1978 89,493 119,997 - 20,624 3,601 1,514 5,121 - 2 1979 106,512 116,392 - 9,680 3,212 1,579 4,791 - - 1980 112,980 113,180 - 200 2,795 1,581 4,376 - 1 1981 110,386 110,386 - - 2,921 1,543 4,464 - - 1982 107,465 107,465 - - 641 1,225 1,866 - -1 1963 106,823 106*,823 - - 1,316 1,455 2,771 - 1 1984 105,508 105S508 - - 2,053 1,655 3,708 - - 1985 103,455 103,455 - - 2,631 1,664 4,295 - 1 1966 100,825 100a,25 - - i,940 1,693 4,633 - - 1987 97,885 97,885 - - 1,717 1,781 5,498 - - 1988 94,168 94,168 - - 3,779 1,734 59513 - - 1989 90,389 ;0,389 - - i,848 1,582 5,430 - 2 1990 86,543 86,543 - - 3,915 1,480 5,395 - -2 1991 829626 82,626 - - 3,985 1,377 5,362 - 1 1992 16,642 78,642 - - 4,450 .1,275 5,725 - 2 1993 74,194 74,194 - - ,285 1,209 3,494 - -2 1994 71,907 11,907 - - 2,397 1,164 3,561 - 1 1995 69,511 69,511 - - 2,909 1,117 4,026 - 2 * THIS COLUMN SHOWS THE AMOUNT CF ARITHMETIC IMBALANCE IN THE AMOUNT OUTSTANDING INCLUDING UNOISBURSEC FROM ONE YEAR TO THE NEXT. THF MCsT COMMON CAUSES OF IMBALANCES ARE CHANGES IN EXCHANGE RATES AND TRANSFER OF DEBTS FROM ONE CATEGORY TO ANCTHER IN THE TABLE. Table 4.3: EXTERNAL PUBLIC DEBT OUTSTANDING INCLUDING UNDISBURSED AS OF DEC. 31, 1975 DEBT REPAYABLE IN LOCAL CURRENCY IIN THOUSANDS OF U.S. DOLLARS) TYPE OF CREDITOR 0E T O U T S T A N ING s I N A R 9 E A R S CREDITOR COUNTRY ------------------------------ CURRENCY OF ORAWINGS DISBURSED :UNDISBURSED: TOTAL : PRINCIPAL INTEREST LOANS FROM INTERNATIONAL ORG. 108 DRAWINGS IN LOCAL CURRENCY 2,015 7,183 9.196 - DRAWINGS IN FOREIGN CURRENCY 12,223 6,647 18,870 - TOTAL IOB 14,236 13,830 28,068 TOTAL LOANS FROM INTERNATIONAL ORG. 14,238 13,830 28,068 - LOANS FROM GOVERNMENTS UNITED STATES DRAWINGS IN LOCAL CURRENCY 4,731 - 4,731 TOTAL UNIITEO STATES 4,731 - 49731 TOTAL LOANS FROM GOVERNMENTS 4,731 - 49731 TOTAL EXTERNAL PUBLIC ODET 18,969 13,830 32,799 - NOTES: (1) ONLY DEBTS WITh AN ORIGINAL OR EXTENDED MATURITY OF OVER ONE YEAR ARE INCLUDED IN THIS TABLE. (2) DEBT OUTSTANDING INCLUDES PRINCIPAL IN ARREARS BUT EXCLUDES INTEREST IN ARREARS. PA GE Table 4.4: SERVICF PAYMENTS, C flPME NNTS, DISBURSEMENTS ANP OUTSTANDING AMOUNTS OF EXTERNAL PUBLItC DET PROJECTIONS BASED ON DEBT OUTSTANDING INCLUDING UNDISOURSEO AS OF DEC. 31, 1975 >o, T f-FPAYAALF IN LOCAL CURRENCY (IN rHOUSA(4OS OF U.S. DOLLARS) TYPE OF CREDITOR LOANS FROM INTERNATIONAL ORG. CREDITOR COUNTPY lob CURRENCY OF ODAWINGS DRAWINGS IN lOCAL CURRENCY YEAh : DEST OUTSTANDING af T R A N S A C T I 0 N S D U A I N G P F R I 0 0 OTHER CHANGE~ : BEGINNING OF PERIOD ; -- - -- - - -- - - --- ---- - _ _ _ _ _ - --_ _ - _ - _ - _ _ - _ _ -- - -- - _ - ---------------------_ t DISBURSED t INCLUDING COMMIT- a DISSURSE- t S t Pt V I C E P A Y N E N T S CANCEL- : AOJIST- :ONLY :UNOISBURSEO: MENTS s MENrS ---------------------…------a… … …---- LATIONS I MENT * s s PRINCIPAL INTFREST s TOTAL : (1) s (2) (31 4 a S 5) : (6) 3 (7) (8) S (9) 1970 190 190 260 - 4 4 1971 190 450 - 5 - 5 S - 1972 195 450 1,680 22 8 6 14 1973 209 2,12? 2,300 a 8 48 56 - 1974 207 4,414 - 114 8 18 26 1975 313 4,406 4,800 1,710 6 37 45 - 1976 2,015 9,198 * * * * THE FOLLOWING FIGURES APE PROJECTED * * * * * * 1976 2,015 9,i3 - 1,639 10 64 14 _ 1977 3,844 9*188 - 1,804 13 72 85 - -2 1978 5,633 9,'73 - 19920 23 82 105 -- 1979 7,530 9,1^0 - 1,620 23 9S 114 - 1980 9,127 91i17 - - 23 98 121 _ -2 1981 9,102 9.102 - - 24 99 123 - 1 1982 9,079 99019 - - 25 90 123 -- 1983 9,054 99054 - - 6 11.2 190 _ -2 1984 8,9714 8974 - - 136 134 270 - I 1985 8,839 8,839 - - 142 132 214 - -L 1986 6,*696 6,96 - - 298 174 472 - _ 1987 8,398 6,398 - - 301 169 470 - 1 1988 8,096 8,096 - - 302 162 464 - -2 1989 7,794 7,194 - - 304 157 461 - 1 1990 7,491 1,491 - - 306 151 457 - 1991 7,164 7,184 - - 30 143 451 - 1992 6,676 6,676 - - 298 138 436 - 1993 6,576 6,S?6 - - 300 130 430 - -I 1994 6,277 4,277 - - 302 124 426 _ 1 1995 5,976 5,996 - - 303 118 4 I 2 * THIS COLUMN SHOWS THE AMOUNT OF ARITHMETIC IMBALANCE IN THE AMOUNT OUTSTANDING INCLUOING UNDISBURSFO FROM ONE YEAR TO THE NEXT. THE MOST COMNON CAUSES OF IBALANCES ARE CHANGES IN EXCHANGE RATES AND TRANSFER OF oDETS FROM ONE CATEGORY TO ANOTHNR IN THE TABLE. p A(IF 2 SERViCE PAYMENTS, COMMITMENTS, OISMURSEENr'f AN OUTSTANDING AMOUNTS OF EXTERNAL PUBLIC DFPT PROJFCTIONS BASED ON DEBT OUTSTANDING INCLUDING UNDISFURS.O AS OF DEC. 31, 1975 DEiT REPAYA8L, IN LUCAL CURRENCY, IN THUJ()SANDS OF U.S. 0OLLARS1 TYPE OF CRECITOR LOANS FROM INTERNATIONAL ORG. CREDITOR COUNTRY 108 CURRENCY OF DPAWiNGS DRAWINC7S IN FOREIGN CURRENCY YEAR : DEBT OUTSTANDING AT T R A N S A CT I O N S 0 U R I N G P E R I 0 D OTHER CHANGFS I BEGINNING OF PERIOD : DISBURSED S INCLUDING COMMIT- DISBURSE- : S E R v I C E P A Y M E N T S 2 CANCEL- I AOJUST- ONLY SUNOISBURSED: MENTS 2 MENTS 2 … I … : --: LATIONS MENT 2 : PRINCIPAL INTEREST TOTAL s (1) : (2) s (13S (4) s (5) (6) : 7) : 81 : ( 1970 3,500 6,130 4,840 771 233 108 341 -1 1971 4,037 10,136 - 979 150 153 303 623 1 1972 4,867 9,964 10,120 595 268 170 438 1973 5,194 19.016 - 296 311 152 463 - - 1974 5,177 19,505 - 652 314 210 524 - _ 1975 5,515 19,1fl - 7,030 322 228 550 - 1 1976 12,223 18,070 * * * * * * THE FOLLOWING FIGURES ARE PROJECTED * 4 * * * * 1976 12,223 18,870 - 4,996 373 324 697 - - 1977 16,846 18,497 - 651 422 361 783 - 2 1978 17,077 18,071 - 1,000 674 363 1,037 - - 1979 17,403 17,403 - - 684 346 1,030 - - 1980 16,719 16,719 - - 694 324 1,018 - 1 1981 16,026 16,026 - - 482 303 785 - - 1982 15,544 15,544 - - 484 289 773 - - 19$3 15,060 15,060 - - 767 358 1,125 - - 1984 14,293 14,293 - - 769 339 1,108 - 1 1985 13,525 13,525 - - 772 320 1,092 - 1 1986 12,754 12,754 - - 774 299 1,073 - 1987 11,980 11,980 - - 776 281 1,057 1988 11,204 11,204 - - 779 260 1,039 1 1989 10,426 10,426 - - 781 241 1,022 - - 1990 9,645 9,645 - - 784 220 1,004 2 1991 8,863 8,863 - - 785 201 986 - -1 1992 8,077 8,077 - - 656 181 837 - 1993 7,421 7,421 - - 656 164 820 - 2 1994 6,767 6.767 - - 656 146 802 - -1 1995 6,110 6,110 - - 656 130 786 * THIS COLUMN SHOWS THE AMOUNT CF ARITHMETIC IMBALANCE IN THE AMOUNT OUTSTANDING INCLUDING UNDISURSED FROM ONE YEAR TO THE NEXT. THE MOST COMMON CAUSES OF IMBALANCES ARE CHANGFS IN EXCHANGE RATES AND TRANSFER OF DEBTS FROM ONF CATEGORY TO ANOTHER IN THE TABLE. PAG6 3 SERVICE PAYMENTS, COMMITMENTS, DISBURSEMENTS AND OUTSTANDING AMOUNTS OF EXTERNAL PUBLIC DEBT PROJECTIONS BASED ON DEBT OUTSTAN0ING INCLUDING UNDISBURSED AS OF DEC. 31, 1975 DEBT REPAYABLE IN LOCAL CURRENCY- (IN THOUSANDS OF U.S. DOLLARSI TYPE OF CREDITOR LOANS FROM INTERNATIONAL ORG. CREDITOR COUNTRY IDB TOTAL YEAR : DEBT OUTSTANDING AT : T R A N S A C T I 0 N S 0 U R I N G P E R I 0 D OTHER CHANGES B EGINNING OF PERIOD S I … _ _ __,__ ______------------------_-------------------------------___--__---__--___--__,__--._- ____ DISBURSED : INCLUDING s COMMIT- s DISBURSE-: S E R V I C E P A Y M E N T S : CANCEL- : ADJUST- 3 ONLY :UNDISDURSEDS MENTS 3 MENTS :-----------:------ -----------: LATIONS : MFNT * s s s s s PRINCIPAL s INTEREST t TOTAL I s (1) 2 (2) 1 (3) s f*2 (4) (53 (6) 7) s (a) 2 (9) 1970 3,690 6,320 5.100 771 233 112 345 - 1 1971 4,227 11,116 - 984 150 158 308 623 1 1912 5.062 10,414 11,800 617 276 176 452 - 1973 5,403 21,936 2,300 302 319 200 519 - - 1974 5,364 23,919 - 766 322 228 550 - - 1975 5,828 23,597 4,800 8,740 330 265 595 - I 19?6 14,238 286068 * * * * * * THE FOLLOWING FIGURES ARE PROJECTED * * * * * * 1976 14,238 28,068 - 6,835 383 388 771 - - 1977 20,690 27,685 - 2,455 435 433 66 - - 1978 22,710 27,250 - 2,920 697 445 1,142 1979 24,933 26,553 - 1,620 T07 437 1,144 - - 1980 25,846 25,846 - - 717 422 1,139 - - 1981 25,128 25,128 - - 506 402 908 - 1 1982 24,623 24,623 - - 509 387 896 - - 1983 24,114 24,114 - - 845 470 1,315 - -2 1984 23,267 23,267 - - 905 413 1,378 - 2 1965 22,364 22,364 - - 914 452 1,366 - - 1986 21.450 21,450 - - 1,072 473 1,545 1987 20,378 200318 - - 1,077 450 1,527 - I 1988 19,302 19,302 - - 1,081 422 1,503 - -I 1989 18,220 18,220 - - 1.085 398 1,483 - 1 1990 17,136 179136 - - 1,090 371 1,461 - I 1991 16,047 16,047 - - 1,093 344 1,*43 -- -I 1992 14,953 14,953 - - 954 319 1,273 - - 1993 13,999 13,999 - - 956 294 1,250 - I 1994 13,044 13,044 - - 958 270 1,228 - 1995 12,086 12,086 - - 959 248 1,207 - -2 * THIS COLUMN SHOWS THE AMOUNT OF ARITHMETIC IMBALANCE IN THE AMOUNT OUTSTANDING INCLUDING UNOISBURSEO FROM ONE YEAR TO THE NEXT. THE MOST COMMON CAUSES OF IMBALANCES ARE CHANGES IN EXCHANGE RATES AND TRANSFER OF DEBTS FROM ONE CATEGORY TO ANOTHER IN THE TABLE. PAGEF SERVICE PAYMEN7S, CON fTM ENT-- j SEO]RSFMNTS ANG uTiS-t ANDINC, AMOtUNTS CŽ; Eftv>, .ANA ^; V}LB; _:A t-f PRflJFJCTIO'S B ASEL; Ot, DOEB - Ot,>TSAiN'.I IGINCLUIDUING ULi NO t SJfP SEPAN I . IrK 59P DEBT fEPA'2BLE i ?N LOCAL, CURRENC2Y IIh THOUSANDS OF U.S. IkOL ARSf rYPE OF CREDITOR P0AS R90M INTERNAlTINA" fFG. TOTAL YEAR DEST OUTSTANDING AT -tTP f A N S I C t U N g A G F E BEGINNING OF PERIOD : s DISBURSED a INCLUDING: CNM17- : DISBURSE- z S E p v I c E P A Y N E N T S CANCE - 'OOuST- ONLY :UNDISBURSEDt MENTS M MENTS --------- - LATIOS MFNI * 2 s . a S PRINCIPAL i INTEREST a TOTAL. : (l j ( (2) a (3) a( ( s7 (81 :91 1970 39690 6,320 5,100 771 233 112 345 -1 1971 4,227 11,106 - 984 I50 1is 308 623 1 1972 5,062 10,414 11,800 617 276 176 452 - - 1973 59403 21,938 2.300 302 319 200 519 - - 1974 5,384 23,919 - 766 322 228 550 - - 1975 5,628 23,597 4,800 8,740 330 265 595 - 1 1976 14,238 28,068 * * * * * * THE FOLLOWING FIGURES ARE PROJECTED * * * * * * 1976 149238 28,088 - 6,835 383 308 771 - - 1977 20,690 27,605 - 2,455 435 433 868 - - 1978 22,710 27,250 - 2,920 697 445 1,142 - 1979 24,933 26,553 - 1,620 707 437 1,144 - - 1980 25,846 25,84 - - 717 422 1,139 - -1 1981 25,128 25,128 - - 5" 402 908 - 1 1902 24,623 24,623 - - 509 387 896 - - 1983 24,114 24,114 - - 845 470 1,315 - -2 1984 23,267 23,267 - - 905 473 1,378 - 2 1985 22,364 22,364 - - 914 4S2 1,366 - - 1908 21,450 21,450 - - 1,072 473 1,545 - - 1987 20,37e 20,378 - - 1,0T7 450 1,527 - I 1988 19,302 19,302 - - 1,081 422 1,503 - -1 1989 18,220 16,220 - - 1,085 398 1,483 - I 1990 17,136 17,136 - - 1,090 371 1,461 - 1 1991 16,047 16,047 - - 1,093 344 1,437 - -1 1992 14,953 14,953 - - 954 319 1,273 - - 1993 13,999 13,999 - - 956 294 1,250 - I 1994 13,044 13,044 - - 958 270 1,228 - - 1995 12,086 12,066 - - 959 248 1,207 - -2 * THIS COLUMN SHOWS THE AMOUNT OF ARITHHETIC IMBALANCE IN THE AMOUNT OUTSTANDING INCLUDING UNOISBURSED FROM ONE YEAR TO THE NEXT. THE MOST COMMON CAUSES OF IMBALANCES ARE CHANGES IN EXCHANGE RATES AND TRANSFER OF DEBTS FROM ONE CATEGORY TO ANOTHER IN THE TABLE. PAGF 5 SERVICE PAYMENTS, COMMITMENTS, DISBURSEMENTS AND OUTSTANDING AMOUNTS OF EXTERNAL PUBLIC DEBT PROJECTIONS BASED ON DEBT OUTSTANDING INCLUDING UNOISBURSED AS OF DEC. 31, 1975 DEBT REPAYABLE IN LOCAL CURRENCY (IN THOUSANDS OF U.S. DOLLARS) TYPE OF CREDITOR LOANS FRCM GOVERNMENTS CREDITOR COUNTRY UNITED STATES CURRENCY OF DRAWINGS DRAWINGS IN LOCAL CURRENCY YEAR s OE8T OUTSTANDING AT : T R A N S A C T I 0 N S 0 U R I N G P E R I 0 D s OTHER CHANGES * BEGINNING OF PERIOD s s :-----…-- __ ------___________-----…----… _ DISBURSED s INCLUDING s COIMIT- s DISBURSE- : S E R V I C E P A Y M E N T S CANCEL- : ADJUST- ONLY SUNDISBURSED: MENTS s MENTS …---------- -------- LATIONS : MENT * : s : PRINCIPAL INTEREST TOTAL * ({1, s (2) s 13) a (4) : (5) (61 (7) s (8) (9) 1970 5,110 5,110 14 14 - 259 259 - - 1971 5,124 5,124 4 4 35 179 214 - - 1972 5,093 5,093 - - 72 178 250 - - 1973 5,021 59021 - - 88 174 262 - - 1974 49933 4,933 - - 52 86 138 - - 1975 4,881 4,111 - - 150 173 323 - - 1976 4,731 4,131 * * * * * * THE FOLLOWING FIGURES ARE PROJECTED * * * * * * 1976 4,731 4,731 - - 126 164 290 - - 1977 4,605 4,605 - - 130 160 290 - 1978 4,476 4,476 - - 135 155 290 - - 1979 4,341 4,341 - - 139 151 290 - 1900 4,202 4,202 - - 144 146 290 - - 1981 4,058 4,058 - - 149 141 290 - -I 1902 3,908 3,908 - - 155 135 290 - 1963 3,754 3,154 - - 160 130 290 - - 1904 3,594 3,594 - - 166 124 290 - - 1905 3,428 3,428 - - 172 118 290 - - 1966 3,256 3,256 - - 178 112 290 - 1967 3,079 3,079 - - 184 106 290 - - 1900 2,895 2,095 - - 190 100 290 - - 1909 2,705 2,705 - - 197 93 290 - - 1990 2,506 2,506 - - 204 86 290 - - 1991 2,304 2,304 - - 211 79 290 - -1 1992 2,092 2,092 - - 219 71 290 - 1993 1,t74 1,874 - - 226 64 290 - 1994 1,647 1,647 - - 234 56 290 - _ 1995 1,413 1,*13 - - 243 47 290 - * THIS COLUMN SHOWS THE AMOUNT CF ARITHMETIC IMBALANCE IN THE AMOUNT OUTSTANDING INCLUDING UNOISSURSED FROM ONE YEAR TO THE NEXT. THE MOST COMMON CAUSES OF IMBALANCES ARE CHANGES IN EXCHANGE RATES AND TRANSFER OF DEBTS FROM ONE CATEGORY TO ANOTHER IN THE TA"LE. PAGE 6 SERVICE PAYMENTS, CCMMITMENTS, DISBURSEMENTS AND OUTSTANDING AMOUNTS OF EXTERNAL PUBLIC OEBT PROJECTIONS BASED ON DEBT OUTSTANDING INCLUDING UNDISSURSED AS OF DEC. 31, 1975 DEBT REPAYABLE IN LOCAL CURRENCY (IN THOUSANDS OF U.S. DOLLARS) TYPE OF CREDITOR LOANS FROM GOVERNMENTS CREDITCR COUNTRY UNITED STATES TOTAL YEAR : DEBT OUTSTANDING AT : T R A N S A C T I 0 N S D U R I N G P E R I 0 D OTHER CHANGES : BEGINNING OF PERIOD : : _________ -------------- ___----- ---------------- ---------- ---------------- ---------------:----------------------- DISBURSED : INCLUDING s COMMIT- DISBURSE- : S E R V I C E P A Y M F N T S s CANCEL- : ADJUST- I ONLY :UNDISSURSED: MENTS : MENTS -- -------…- ----:----------- LATIONS : NENT * PRINCIPAL : INTEREST : TOTAL : 111 : (2) (3) : (4) s (5) s ( a (7) : (el (9) 1970 5,110 5,110 14 14 - 259 259 - - 1971 5,124 5,124 4 4 35 179 214 - - 1972 5,093 5,093 - - 72 176 250 1973 5,021 5,021 - - Be 174 262 - - 1974 4,933 4,933 - - 52 66 138 - - 197S 4,881 4,881 - - 150 173 323 - - 1976 4,731 4,731 * * * * * * THE FOLLOWING FIGURES ARE PROJECTED * * * * * * 1976 4,731 4,731 - - 124 164 290 1977 4,605 4,605 - - 130 160 290 - 1978 4,476 4,476 - - 135 155 290 - - 1979 4,341 4,341 - - 139 151 290 - - 1980 4,202 4,202 - - 144 146 290 - - 1981 4,058 4,058 - - 149 141 290 - ^1 1982 3,908 3,908 - - 155 135 290 - 1983 3,754 39754 - - 160 130 290 - - 1984 3,594 3,594 - - 166 124 290 1985 39426 3,428 - - 172 IIe 290 - - 1986 3,256 3,256 - - 178 112 290 - 1987 3,079 3,079 - - 164 106 290 - 1988 2,895 29895 - - 190 100 290 - - 1989 2,705 2,105 - - 197 93 290 - - 1990 2,506 2,508 - - 204 86 290 - 1991 2,304 2,304 - - 211 79 290 - -I 1992 2,092 2,092 - - 219 71 290 - 1993 1,874 1,874 - - 226 64 290 - -I 1994 1,647 1,647 - - 234 56 290 - - 1995 1,413 1,413 - - 243 47 290 - - * THIS COLUMN SHOWS THE AMOUNT CF ARITHMETIC IMBALANCE IN THE AMOUNT OUTSTANDING INCLUDING UNDISSURSED FROM ONE YEAR To THE NEXT. THE MOST COMMON CAUSES OF IMBALANCES ARE CHANGES IN EXCHANGE RATES AND TRANSFER OF DEBTS FROM ONE CATEGORY TO ANOTHER IN THE TABLE. PA GE 7 SERVICE PAYMENTS, CUMFITKFNTS, 0IS8URSEMFNTS AND OUTSTANDING AMOUNTS OF FXl f(NAL PU9l TC 0FRT PRrIJECT IONS BASED 1,N I T nrtiSTANDING INCLO)uINO t,Nf%'WS rSFD AS OF DF C. . 197T C L8T 'A4t E IN LOCAL CUR%?EN. (IN THOUSANDS OF U.S. UDOLLARS) TYPE OF CAF[,1TOP LL ;iw. FR. ' GOVERNMENtS TOTAL YEAf : DEBT OUTSTANDING : 1 hA N S A C T I 0 N S 0 U R I N G P F [ 1 AP CHANGES s BEGINNING OF PCRI DIlSBURSED: INCLur)IN( COMMIT- : DISBURSE-: S E R V I C E P A Y H ' N : : ADJUST- ONLY IUNDISBuF-S 0: MENTS : MENTS LA T 0n4 : MENT * £ : : s PRINCIPAL s INTEREST HYTAI 2 ll) 2 { : 1(2) (3) s (4 2 (5) (6) 7 : (() (9) 1970 5,110 5tILO 14 14 259 259 - _ 1971 S,124 5.124 4 4 35 179 214 - - 1972 59093 5,093 - - 72 178 250 - - 1973 5,021 5t021 - - 88 174 262 - - 1974 4,933 4, j3 i - - 52 86 138 - - 1975 4,881 4,bdi - - 150 173 323 ^ - 1976 4,731 4,73i * * * * * THE FOLLOWING F1V6rURES ARE PROJECTED * * * e * * 1976 4,731 4,731 - - 126 164 290 - - 1977 4,605 4,605 - - 130 160 29G 1978 4,476 4,476 - - 135 155 290 1979 4,341 4,341 - - 139 151 29L - - 1980 4,202 4,202 - - 144 146 290 - 1981 4,058 4,058 - - 149 141 290 - -l 1962 3,908 3,908 - - 155 135 290 1983 3,7S4 3,754 - 160 130 290 - 1908 3,594 3,594 - 166 124 290 - 1985 3,42e 3,426 - 172 118 290 - - 19st 3,256 3,256 - 178 112 290- 1987 3,079 3,079 - ^ 184 106 240 - - 19F8 2,895 2t895 - 190 100 290 - 19F9 21705 2,705 - - 197 93 29i - _ 1990 2,508 2,508 - _ 204 86 2 , ;t 19'i 2,304 2,304 - - 211 79 Z90 - -1 I) a, 2.092 2,092 - - 219 71 29( - L 199k 1,874 1,874 - - 226 64 290 -1 193< (1,647 1?647 - 234 56 29u - - 199> 1,413 1,413 - 243 47 21O - i HiS COLUMN SHOWS THE AMOUNT OF ARITHMETIC 1NBALANCE IN THE AMOUNT OUTSTANDING INCLJOING UNDISBUR' ED FROM YEAR TD' THE NEXT. THE MOST COMMON CAUSES OF IMBALANCES ARE CHANGES IN EXCHANGE RATES AND TRANSFEk OF DEB(S FROM ONF CATEGORY TQ ANOTHER IN THE TABLE. SFRVICE PAYMENTS, COMMITMENTSt DISBURSEMENTS AND OUTSTANDING AMOUNTS OF EXTERNAL PUIBLIC DEBT Page 01 PROJECTIONS BASED ON DEST OUTSTANDING INCLUDING UNDISBURSED AS OF DEC. 31, 1975 DEBT REPA'ABLE IN LOCAL CURRENCY - (IN THOUSANDS OF U.S. DOLLARS) TOTAL YEAR O DEBT OUTSTANDING AT : T R A N S A C T I 0 N S D U R I N G P E R I 0 D : OTHER CHANGES BEGINNING OF PERIOD : ……--… -_ -. - ------------------…-- OISBURSED s INCLUDING COMMIT- : OISBURSE-: S E R V I C E P A Y M E N T S : CANCFL- ADJIJST- ONLY :UNOISBURSED: MENTS : MENTS ___________ ___________ _______----: LATIONS MENT * : PRINCIPAL: INTEREST: TOTAL (IJ : 12) : 13) : (4) (5) : (6) (7) (8) (9) 1970 8,800 11,430 5,114 765 233 371 604 - -1 1971 9,351 16,310 4 988 185 337 5Z2 623 1 1972 10,155 15,507 11,800 617 346 354 702 1913 10,424 26,959 2,300 302 407 374 781 - 1974 10,317 289852 - 766 374 314 688 - 1975 10t709 286478 4,800 8,740 480 438 918 - I 1976 18,969 32,799 * * * * * * THE FOLLOWING FIGURES ARE PROJECTED - * * * * * 1976 18,969 32,799 - 6,835 509 552 1,061 - 1977 25,295 32,290 - 2,455 565 593 1,158 - I 1978 27,186 31,926 - 2,920 832 600 .1,432 - 1979 29,274 30,894 - 1,620 846 588 1,434 - 1980 30,048 30,048 - - 861 568 1,429 - -1 1981 29,186 29,186 - - 655 543 1,198 - 1982 26,531 28,531 - - 664 522 1,186 - I 1983 27,868 27,868 - - 1,005 600 1,605 - -2 1984 26,861 26,861 - - 1,071 597 19668 - 2 1965 25,792 25,792 - - 1,086 570 1,656 - - 1986 24,706 24,706 - - 1,250 585 1,835 - 1 1987 23,457 23,457 - - 1,261 556 18017 - 1 1900 22,197 22,197 - - 1,271 522 1,793 - -1 1909 20,925 20,925 - - 1,282 491 1,773 - 1 1990 19,644 199644 - 1,294 457 1,751 - 1 1991 18,351 18,351 - - 1,304 423 1,727 - -2 1992 17,045 17,045 - - 1,173 390 1,563 - I 1993 15,873 15,873 - _ 1,182 358 1,540 - - 1994 14,691 14,691 t - 1,192 326 1,518 - 1995 13,499 13,499 - L ,202 295 1,497 - -2 * THIS COLUMN SHOWS THE AMOUNT OF ARITHMETIC IMBALANCE IN THE AMOUNT OUTSTANDING INCLUDtNG UNDIS8URSFD FROM ONE YEAR TO THE NEXT. THE MOST COMMON CAUSES OF IMBALANCES ARE CHANGES IN EXCHANGE RATES AND TRANSFER OF DEBTS FROM ONE CATEGORY TO ANOTHER IN THE TABLE. V PUBLIC FINANCE Table 3.1: Fiscal Operations of the Central Government fage 1 o2 (Millions of gourdes in current prices) 1971 1972 1973 1974 1975 Total revenues 263.50 278.80 303.40 334.70 475.40 Budgetary revenue 155.80 173.50 191.30 205.70 225.00 Fiscal revenue 126.10 141.90 158.10 169.60 185.40 Customs revenue (net) 67.30 67.70 73.30 82.00 90.40 Import duties (gross) 61.90 64.80 70.40 76.10 79.30 Coffee export taxes (gross) 18.20 16.00 15.90 19.80 21.40 Other export taxes 1.60 1.10 1.00 1.30 9.50 Other customs revenue (gross) 1.70 1.80 2.50 3.70 1.20 Less: SFPDS -- 7.5 per cent 5.40 5.50 5.90 7.00 7.80 Less: G 3.75 p/bag of sugar 5.50 5.50 5.90 7.20 8.80 Less: SFPDS -- $3 p/bag coffee 5.20 5.00 4.70 4.70 4.40 Internal revenue (net) 55.70 68.40 81.10 83.80 92.50 Special sugar tax 7.00 8.30 8.30 5.60 6.90 Income tax (gross) 15.80 23.00 27.60 32.80 43.80 Other internal revenue (gross) 46.50 52.70 61.60 62.50 60.30 Less: 10 per cent internal revenue 10.10 11.50 12.30 14.30 15.10 administration Less: SFPDS-C 3.75 p/bag of sugar 3.50 4.10 4.10 2.80 3.50 Other fiscal revenue 3,10 5.80 3.70 3.80 2.60 Earmarked revenue 29.70 31.60 32.90 36.10 39.60 SFPDS 14.10 14.60 14.70 14.60 15.70 Less: SFPDS -- 7.5 per cent 5.40 5.50 5.90 7.00 7.80 Less: SFPDS - G 13 p/bag coffee 5.20 5.00 4.70 4.80 4.40 Less: SFPDS - G 3.50 4.10 4.10 2.80 3.50 Cuscoms administration 5.50 5.50 5.90 7.20 8.80 Less: 10 per cent internal revenue 10.10 11.50 12.30 14.30 15.10 administration Special provision for development -- -- -- -- -- Ixtrabudgetary revenue 107.70 105.30 112.10 129.00 250.40 Nonfiscai Lccounts 1.00 0.90 1.30 1.50 1.50 Development budget 7.80 30.50 28.40 26.50 36.90 Other special acco-juts 76.40 55.00 63.40 82.80 189.40 Special sinking funds 17.50 14.70 15.10 14.80 12.70 Other accounts 5.00 4.20 3.90 3.40 9.90 Other extrabudgetary revenue -- -- -- -- Total expenditure 310.70 326.30 328.70 440.50 666.50 Budgetary expenditure 152.30 159.90 171.80 176.80 204.30 Fiscal expenditure 141.40 145.40 155.20 161.20 186.10 Wages and salaries 95.40 98.90 112.30 115.60 122.70 Other current exDenditure 27.90 32.20 27.80 27.30 41.00 Subsidies and transfers 7.00 7.00 7.40 9.70 12.40 Checks of previous years 4.80 0.60 -- 0.40 0.60 Matching funds 6.30 6.70 7.70 8.20 9.40 Expenditure from earmarked funds 10.90 14.50 16.60 15.60 18.20 SFPDS 1.80 4.20 7.00 2.90 3.40 Customs administration 5.00 5.30 5.90 6.30 7.20 Internal revenue administration 10.40 11.70 11.40 14.60 17.00 Special provision for development -6.30 -6.70 -7.70 -8.20 -9.40 Extrabudgetary expenditure 120.60 116.60 130.60 167.80 313.40 Nonfiscal accounts 3.00 1.90 4.40 5.10 2.90 Development budget 8.00 31.60 29.40 27.90 41.60 Other special accounts 85.40 62.50 77.30 90.80 192.60 Special sinking funds 14.80 10.90 11.50 11.40 10.60 Other accounts 9.40 9.70 14.00 32.60 65.70 Other extrabudgetary expenditure 37.80 49.80 26.30 95.90 148.80 Development budget -- 33.30 -- -- 78.20 Expenditure on grants 29.50 22.70 31.10 57.10 119.1!0 Adjustment 8.30 -6.20 -4.80 38.80 -48.8o Table 5.1 (cbnt'd) Page 2 of 2 1971 1972 1973 1974 1975 Over-all surplus/deficit -47.20 -47.50 -25.30 -105.80 -191. 10 Budget 3.50 13.60 19.50 28.90 20.70 Extra budget -12.90 -11.30 -18.50 -38.80 -63.00 Other extrabudget -37.80 -49.80 -26.30 -95.90 -148.80 Financing 47.20 47.50 25.30 105.80 191.10 Net external borrowing -6.60 19.10 -15.10 -12.70 63.60 Official -3.50 -4.60 -4.00 -6.20 69.80 Private -3.10 23.70 -11.10 -6.50 -6.20 Net internal borrowing 24.30 5.70 9.30 61.40 8.10 Monetary authorities (net) 11.60 6.60 14.70 44.30 6.80 Claim on the government (9.80) (4.20) (15.30) (57.50) (75.70) Government deposits (1.80) (2.40) (-0.30) (-13.20) (-68.90) Private banks (net) 2.00 -- -- 19.20 -5.20 Private sector (net) 9.10 -4.80 -10.00 -5.70 -3.00 Official entities (net) 1.60 3.90 4.60 3.60 9.50 Grants 29.50 22.70 31.10 57.10 119.40 Source: Ministry of Firance and BRIRH Table 5.2: Structure of Budget Revenues 1971-1975 (Fiscal Year Ending SepLember 30) (In millions o_f _gourdes) 1971 1972 1973 1974 1975 Tax Revenues 148.3 159.3 183.4 194.9 220.9 <.us trons Revenue 83.4 83.7 89.8 100.9 111.4 Impo-t Duties 61.8 64.8 70.4 76.1 79.3 Coffee Export Taxes 18.2 16.0 15.9 19.8 21.4 Other Export Taxes 1.6 1.1 1.0 1.3 9.5 Other L.7 1.8 2.5 3.7 1.2 income Tax 15.8 19.0 27.6 32.8 44.4 Enterprises 12.6 15.5 23.3 27.0 36.5 Individuals 3.2 3.5 4.3 5.8 7.9 Excise Iaxes 28.4 35.0 41.1 30.0 28.6 Flour 12.1 13.6 19.1 11.0 7.0 Suga-r 7,0 8.3 8.3 5.6 6.9 Cigaret is, Oil and Other- 9.3 13.1 13.7 13.4 14.7 Otner Tax Revenues 20.7 21.6 24.9 31.2 36.5 Identity Cards 2.5 2.7 3.1 3.5 4.2 Mortgage Registry 1.7 2.3 3.3 4.1 5.0 Vehicles 2.9 2.3 3.0 3.4 3.7 Stamps 4.2 4.5 5.5 6.5 7.4 Other 10.1 9.8 10.0 13.7 16.2 Nontax Reven 2es-/ 7.5 14.2 7.9 11.0 4.1 Total Budget Revenue 155.8 173.5 191.3 205.7 225.0 1/ Includes about 30 taxes. 2/ Includes discrepancy between accounts of National Bank and Ministry of Finance. Source: Administration Generale des Contributions Administration Generale des Douanes and Ministry of Finances. Tabl 5.3: Tax Revenues, Composition as a Percentage of Total (Fiscal Year Ending September 30) 1971 1972 1973 1974 1975 Tax Revenues 100.0 100.0 100.0 100.0 100.0 Customs Revenue 56.3 52.6 49.0 51.8 50.5 Import Duties 41.7 40.7 38.4 39.1 35.9 Coffee Export Taxes 12.3 10.1 8.7 10.2 9.7 Other Export Taxes 1.1 0.7 0.6 0.7 4.3 Other 1.2 1.2 1.4 1.9 0.6 Income Tax 10.7 12.0 15.1 16.9 20.1 Enterprises 8.5 9.8 12.7 13.9 16.6 Individuals 2.2 2.2 2.4 3.0 3.6 Excise Taxes 19.2 22.0 22.5 15.4 13.0 Flour 8.2 8.6 10.5 5.7 3.2 Sugar 4.8 5.3 4.6 2.9 3.2 Cigarettes, Oil and Other- 6.3 8.3 7.5 6.9 6.7 Other Tax Revenues 14.0 13.6 13.6 16.0 16.6 Identity Cards 1.7 1.7 1.7 1.8 1.9 Mortgage Registry 1.2 1.5 1.8 2.1 2.3 Vehicles 1.5 1.5 1.7 1.8 1.7 Stamps 2.9 2.9 3.0 3.4 3.4 Other 6.9 6.2 5.5 7.1 7.4 Source: Table 5.2 Table 5.4: Budget Revenues, Percentage Change In Nominal Terms (Fiscal Year Ending September 30) 1971/ 1972/ 1973/ 1974/ 1972 1973 1974 1975 Tax Revenues 7.5 15.2 6.3 13.4 Customs Revenue 0.4 7.3 12.4 10.4 Import Duties 4.9 8.7 8.1 4.2 Coffee Export Taxes -12.0 -0.6 24.6 8.1 Other Export Taxes -31.0 -9.0 30.0 730.8 Other 5.9 38.9 48.0 -325.0 Income Tax 20.3 45.3 18.9 35.4 Enterprises 23.1 50.4 15.9 35.2 Individuals 9.4 22.9 34.9 33.9 Excise Taxes 23.3 17.5 -27.0 -4.6 Flour 12.4 40.5 -42.4 -36.3 Sugar 18.6 0.0 -32.5 23.3 Cigarettes, Oil and Others 40.9 4.6 -2.1 9.7 Other Tax Revenues 4.4 15.3 25.3 17.0 Nontax Revenues 89.4 -55.7 39.3 -373.0 Total Budget Revenue 11.4 10.3 7.5 9.4 GDP 4.1 22.9 26.6 21.9 Source: Table 5.2 Table 5.5; Budget Revenui7, Elasticities with respect to GDP-:- (Fiscal Year ending September 30) 1971/ 1972/ 1973/ 1975/ 1972 1973 1974 1975 Tax Revenues 2.8 0.7 0.2 0.6 Customs Revenue 0.1 o.3 0.5 0.5 Import Duties 1.2 0.4 0.3 0.2 Coffee Export Taxes -2.9 0.0 0.9 0.4 Other Export Taxes -7.6 -0.4 1.1 33.4 Other 1.4 1.7 1.8 -14.8 Income Tax 5.0 2.0 0.7 1.6 Enterprises 5.6 2.2 0.6 1.6 Individuals 2.3 1.0 1.3 1.5 Excise Taxes 5.7 0.8 -1.0 -0.2 Flour 3.0 1.8 -1.6 -1.7 Sugar 4.5 0.0 -1.2 1.1 Cigarettes, Oil and Others 10.0 0.2 -0.1 0.4 Other Tax Revenues 1.0 0. 1.0 0.8 Nontax Revenues 21.8 -2.5 1.5 -17.0 Total Budget Revenue 2.8 0.5 0.3 0.4 1/ Elasticities are computed as a ratio of average annual growth rates. Source: Table 5.2 Table 5,6: Economic and Functional Classifications of Current Expenditures, 1971-1972 Pagc I of 2 (In thousands of gourdes) 1971 1972 Wages -Purchase Subsidies Wages Purchase Subsidies and and and Total and and and Total salaries services transfers salaries services transfers General Public Services 17,691.1 5,236.0 5,773.1 28,700.2 18,601.9 5,081.3 5,508.1 29,191.3 National Printing Services -- -- 377.7 377.7 -- -- 377.7 377.7 Finance and Economic Affairs 3,815.7 740.8 4,965.1 9,521.6 4,872.4 473.7 4,910.0 10,256.1 Foreign Affairs 5,216.0 1,773.5 159.9 7,149.4 5,349.6 1,703.0 146.3 7,198.9 Justice 3,579.2 130.2 -- 3,709.4 3,642.3 128.0 -- 3,770.3 Coordination and Information 1,148.0 301.0 25.0 1,474.0 823.2 186.5 25.0 1,034.7 Interior and National Defense 3,932.2 2,290.5 245.4 6,468.1 3,914.4 2,590.1 49.1 6,553.6 Defense (Armed Forces of Haiti) 24,901.0 15,403.0 -- 40,304.0 27,991.7 15_430.9 -- 43,422.6 Education 15,045.2 1,690.7 92.7 16,828.6 15,361.5 1,777.9 117.8 17,257.2 Health 13,500.7 4,009.8 1,134.0 18,644.5 14,324.9 4,022.2 1,144.0 19,491.1 Community and Social Services 2,428.2 495.8 178.0 3,102.0 2,470.9 477.6 178.2 3,126.7 Social Affairs 1,347.5 301.4 96.0 1,744.9 1,392.8 286.6 96.0 1,775.4 Religious 1,080.7 194.4 82.0 1,357.1 1,078.1 191.0 82.2 1,351.3 Economic Services 19,129.3 2,391.1 617.0 22,137.4 20,773.7 2,147.4 627.5 23,548.6 Agriculture and Natural Resources 11,081.1 502.1 455.9 12,039.1 11,534.3 526.6 462.6 12,523.5 Public Works, Transports and Communication 6,141.4 1,753.2 128.0 8,022.6 7,271.4 1,489.8 131.8 8,893.0 Trade and Industry 1,906.8 135.8 33.1 2,075.7 1,968.0 131.0 33.1 2,132.1 Unallocable (Supplementary Credits) -- 632.0 -- 632.0 413.1 446.8 -- 859.9 Total 92,695.5 29,858.4 7,794.8 130,348.7 99,937.7 29,384.1 7,575.6 136,897.4 Source: Ministry of Finance Table 5.6: Economic and Functional Classifications of Current Expenditures, 1973-1975 Page 2 oi a (In thousands of gourdes) 1973 1974 1975 Wages Purchase Subsidies Wages Purchase Subsidies Wages Purchase Subsidies and of goods and Total and of goods and Total and of goods and Total Total 1/ and ~~~~~~~~~and tyMd sasfers stndries ansfers salaries transfers services services services General Public Services 21,019.9 6,039.3 5,288.7 32,347.9 21,527.2 6,275.6 7,213.1 35,015.9 25,918.6 6,784.9 12,749.0 45,452.5 56,906.3 National Printing Services 377.7 -- -- 377.7 377.7 -- -- 377.7 377.7 -- -- 377.7 Finance and Economic Affairs 3,350.5 596.6 4,976.8 8,923.9 3,790.1 642.4 6,853.1 11,285.6 3,972.9 667.5 12,237.6 16,878.0 22,991.0 Foreign Affairs 5,650.8 1,950.7 158.9 7,760.4 5,974.1 2,025.1 158.9 8,158.1 7,341.9 2,412.0 262.5 10,016.4 10,016.4 Justice 3,651.3 129.3 -- 3,780.6 3,875.1 165.4 -- 4,040.5 4,624.3 244.1 -- 4,868.4 4,868.4 Coordination and Information 2,560.9 340.1 135.0 3,036.0 2,574.2 494.9 134.9 3,204.0 3,664.2 417.4 135.0 4,216.6 8,467.8 Interior and National Defense 5,428.7 3,022.6 18.0 8,469.3 4,936.0 2,947.8 66.2 7,950.0 5,937.6 3,043.9 113.9 9,095.4 10,185.0 Defense (Armed Forces of Haiti) 28,649.9 11,729.4 -- 40,379.3 29,776.9 8,948.3 -- 38,725.2 29,913.7 12,148.1 -- 42,061.8 42,061.8 Education 17,808.7 1,804.5 161.8 19,775.0 19,290.0 1,883.6 182.1 21,355.7 20,650.9 2,071.0 223.8 22,945.7 22,945.7 Health 14,357.7 4,193.5 1,140.0 19,691.2 17,289.2 3,804.8 1,529.5 22,623.5 18,108.4 5,747.2 2,734.1 26,589.7 27,789.7 Conmmuity and Social Services 2,670.5 434.0 81.7 3,186.2 2,690.6 580.1 82.2 3,352.9 3,000.3 642.7 86.4 3,729.4 3,729.4 Social Affairs 1,540.0 238.2 -- 1,778.2 1,513.4 383.2 -- 1,896.6 1,699.1 426.9 -- 2,126.0 2,126.0 Religious 1,130.5 195.8 81.7 1,408.0 1,177.2 196.9 82.2 1,456.3 1,301.2 215.8 86.4 1,603.4 1,603.4 Economic Services 21,282.6 2,380.2 632.6 24,295.4 23,161.9 2,256.8 640.3 26,059.0 24,366.3 4,402.6 980.8 29,749.7 33,023.0 Agriculture and Natural Resources 11,789.5 530.4 462.6 12,782.5 12,862.0 624.2 508.4 13,994.6 13,723.5 667.3 539.2 14,930.0 15,259.7 Public Works, Transports and Communication 7,422.3 1,701.5 136.9 9,260.7 8,057.5 1,444.2 131.9 9,633.6 7,950.4 3.523.9 441.6 11,915.9 14,790.9 Trade and Industry 2,070.8 148.3 33.1 2,252.2 2,242.4 188.4 -- 2,430.8 2,692.4 211.4 -- 2,903.8 2,973.3 Supplementary credits Credits) 330.0 537.1 -- 867.1 871.8 2,093.5 -- 2,965.3 461.0 27,967.5 1,000.0 29,428.5 -- Total 106,119.3 27,118.0 7,304.8 140,542.1 114,607.6 25,842.7 9,647.2 150,097.5 122,419.2 59,764.0 17,774.1 199,957.3 186-957.3 1/ After allocation of supplementary credits except for 13,500,000 Gourdes of counterpart funds. Source: Ministry of Finance Table 5.?. Haiti: Percentage Change of Revenues, 1971-1975 In nominal terms In real terms 1971- 1972- 1973- 1974- 1971- 1971- 1971- 1972- 1973- 1974- 1971- 1971- 1972 1973 1974 1975 1974 1975 1972 1973 1974 1975 1974 1975 Total Revenue 5.8 8.8 10.3 42.0 8.3 15.9 1.4 -9.3 -4.0 20.4 -4.1 1.5 Budgeta Revenue 11.4 10.2 7.5 9.4 9.7 9.6 6.8 -8.2 -6.5 -7.3 -2.8 -4.0 Fiscal Revenue 12.5 11.4 7.3 6.5 10.4 9.4 7.9 -7.2 -6.7 -9.7 -2.2 -4.1 Earmarked Revenue 6.4 4.1 9.7 9.7 6.7 7.5 2.0 -13.3 -4.5 -7.0 -5.5 -5.9 Extra-budgetary Revenue -2.2 6.5 15.1 94.1 6.2 23.5 -6.3 -11.3 0.1 64.6 -5.9 8.2 Source: Ministry of Finance and BNRH Table 5.8: Current Expenditures Classified by Function (Thousands of Gourdes in constant prices) 1971 1972 1973 1974 1975 General Public Services 28,700.2 27,987.8 25,837.0 24,333.5 26,784.0 Defense 40,304.0 41,632.4 32,251.8 26,911.2 24,786.0 Education 16,828.6 16,545.7 15,794.7 14.840.7 13.521.3 Health 18,644.5 18,687.5 15,727.8 15,721.7 15,668.7 Community and Social Services 3,102.0 2,997.7 2,544.9 2,330.0 2,197.7 Economic Services 22,137.4 22,577.7 19,405.3 18,109.1 17,530.8 Unallocable (Supplementary Credits) 632.0 824.4 692.6 2,060.7 17,341.5 Total 130,348.7 131,253.5 112,254.1 104,306.8 117,829.9 Deflator 100.0 104.3 125.2 143.9 169.7 Source: Ministry of Finance Table 5.9: Current Expenditures Classified by Function and expressed as percentage of total 1971 1973 1973 1974 1975 TOTA. 100.0 100.0 100.0 100.0 100.0 General Public Services 22.0 21.3 23.0 23.3 22.7 Defense (Armed Forces of Haiti) 30.9 31.7 28.7 25.8 21.0 Education 12.9 12.6 14.1 14.2 11.5 Health 14.3 14.2 14.1 15.1 13.3 Community and Social Services 2.4 2.3 2.3 2.2 1.9 Economic Services 17.0 17.2 17.3 17.4 14.9 Unallocable (Supplementary Credits) 0.5 0.6 0.6 2.0 14.7 Source: Table 5.8 Table 5.10: Consolidated Accounts of Public Enterprises 1973-74 Page 1 of 3 (In Gourdes) Administ. CAMEP EDH TELECO. Total Portuaire I. Current Revenue 1. Operating surplus (before depreciation) 3.101.905 7.527.094 3.925.962 14.554.961 1.1 Taxes paid in the course of production 1.2 Employer's contribution to social security 1.3 Subsidies (-) 1.4 Fees, charges, etc. paid to government 1.5 Other 1.6 Total 2. Property income (interest dividends, etc.) 2.1 From general government 2.2 Other 4. Other revenue 4.1 From government 4.3 Other II. Capital revenue 5. Total sales of capital assets 5.2 Sales of fixed capita assets 5.2.1 To government 5.2.2 To other 6.373 6.373 5.3 Sales of land and intangible assets 5.3.1 To government 5.3.2 To other III. Total Revenue 3.101.905 6.373 7.527.094 3.925.962 14.561.335 IV. Grants (other than subsidies) 6.1.1 Other than subsidies 6.1.2 From government 6.1.3 Other 6.2.1 From government 6.2.2 Other V. Total revenue and grants 3.101.905 6.373 7.527.094 3.925.962 14.561.334 Table O: Consolidated Accounts of Public Enterprises 1973-74 Page 2 of 3 (In Gourdes) Administr. CAMEP EHD TELECO. Total Portuaire VI. Currernt expenditure 7. Operating deficit (before depreciation) 439.722 439.722 10. Interest, dividends, land rents, etc. 10.2 To other 10.3 To government 11. Current transfers 11.1.3 To households 11.1.4 Other domestic 49.655 49.655 11.2 Abroad VII. Capital expenditure 12. Total capital expenditure 12.1 Change in stocks (net) 78.924 2.427.090 2.506.014 12.1.1 To and from government (net) 12.1.2 Other net 12.2 Acquisition of fixed capital assets 2.528.340 656.494 11.371.869 34.247.413 48.804.116 12.2.2 Other 12.2.3 From government 12.3 Purchase of land and intangible assets 12.3.2 From other 12.3.3 From government VIII. Total expenditure 2.577.995 1.175.140 13.798.959 34.247.413 51.799.507 IX. Net lending 13. Total 13.1 Domestic 13.1.1 To NFPE 13.1.2 To other 13.2 Abroad X. Expenditure and net lending (VIII+IX) 2.577.995 1.175.140 13.798.959 34.247.413 51.799.507 XII. Gross fixed capital formation (12.2-5.2) 2.528.340 656.494 11.371.869 34.247.413 48.804.116 XIII.Gross capital formation (12.1+12.2-5.1-5.2) 2.528.340 735.418 13.798.959 34.247.413 51.310.130 XIV. Total financing requirements (V-X) -523.910 1.168.767 6.271.865 30.321.451 37.238.173 Table 5.10:Consolidated Accounts of Public Enterprises 1973-74 Page 3 of 3 (In Gourdes) Administr. CAMEP EHD TELECO. Total Portuaire XV. Domestic financing 14. Total domestic financing -1.273.910 1.339.509 6.271.865 31.747.492 38.084.956 14.2 From financial institutions 14.2.1 Monetary authorities 5.385.239 31.753.668 37.138.907 14.2.2 Deposit money banks 14.2.3 Other 14.3 Nonfinancial private sector 14.4 Other -1.273.910 1.339.509 886.626 -6.176 946.049 14.5 From NFPE 14.5.1 Net sales of securities 14.5.2 Change in debt to NFPE XVI. Financing abroad 15. Total financing abroad 750.000 -170.742 -1.426.041 -846.783 15.2 Net borrowing 750.000 -170.742 -1.426.041 -846.783 15.2.1 Drawings on loans 750.000 379.788 1.129.788 15.2.2 Amortization -550.530 -1.426.041 -1.976.571 15.3 Suppliers credits (net) 15.4 Other 15.5 Change in financial liquid assets abroad i:rce: Adm4nistration Portuaire, CAMEP, EHD, TELECO Tsble >.1i: Consolidated Accounts of Public Enterprises 1974-75 Page 1 of 3 (In Gourdes) Administ. CAMEP EDH TELECO , Total Portuaire I. Current Revenue 1. Operating surplus (before depreciation) 4.994.165 8.726.539 13.720.704 1.1 Taxes paid in the course of production 1.2 Employer's contribution to social security 1.3 Subsidies (-) 1.4 Fees, charges, etc. paid to government 1.5 Other 1.6 Total 2. Property income (interest, dividends, etc.) 2.1 From general government 2.2 Other 4. Other revenue 4.1 From government 4.3 Other 312.230 312.230 II. Capital revenue 5. Total sales of capital assets 5.2 Sales of fixed capital assets 5.2.1 To government 5.2.2 To other 5.3 Sales of land and intangible assets 5.3.1 To government 5.3.2 To other III. Total Revenue 5.306.395 8.726.539 14.032.934 IV. Grants (other than subsidies) 6.1 Current 6.1.1 Other than subsidies 6.1.2 From government 6.1.3 Other 6.2 Capital 6.2.1 From government 2.068.501 2.068.501 6.2.2 Other V. Total revenue and grants 5.306.395 2.068.501 8.726.539 16.101.435 Table 5.11: Consolidated Accounts of Public Enterprises 1974-75 Page 2 of 3 (In Gourdes) Administ. CAMEP EDH TELECO. Total Portuaire VI. Current expenditure 7. Operating deficit (before depreciation) 386.595 3.412.478 3.799.343 10. Interest, dividends, land rents, etc. 10.2 To other 10.3 To government 11. Current transfers 11.1.3 To households 11.1.4 Other domestic 11.2 Abroad VII. Capital expenditure 12. Total capital expenditure 12.1 Change in stocks (net) 78.989 3.436.225 3.515.214 12.1.1 To and from government (net) 12.1.2 Other net 12.2 Acquisition of fixed capital assets 17.970.320 14.991.466 7.014.262 31.054.937 71.030.985 12.2.2 Other 12.2.3 From government 12.3 Purchase of land and intangible assets 12.3.2 From other 12.3.3 From government VIII.Total expenditure 17.970.320 15.457.050 7.014.262 37.903.910 78.345.542 IX. Net lending 13. Total 13.1 Domestic 13.1.1 To NFPE 13.1.2 To other 13.2 Abroad X. Expenditure and net lending (VIII+IX) 17.970.320 15.457.050 7.014.262 37.903.910 78.345.542 XII. Gross fixed capital formation (12.2-5.2) 17.970.320 14.991.466 7.014.262 31.054.937 71.030.985 XIII.Gross capital formation (12.1+12.2-5.1-5.2) 17.970.320 15.070.455 7.014.262 34.491.162 74.546.199 XIV. Total financing requirements (V-X) 12.663.925 13.388.549 -1.712.277 37.903.910 62.244.107 Table 5.11: Consolidated Accounts of Public Enterprises 1974-,- 1 i : i'g t ? (In Gourdes) Administ. CAMEP EDH TELECO. TOTAL Portuaire XV. Domestic financing 14. Total domestic financing -1.671.900 1.912.146 -1.712.277 39.415.456 37.943.425 14.2 From financial institutions 14.2.1 Monetary authorities 3.860.240 33.348.230 37.208.470 14.2.2 Deposit money banks 14.2.3 Other 14.3 Nonfinancial private sector 14.4 Other -1.671.900 1.912.146 -5.572.517 6.067.226 734.955 14.5 From NFPE 14.5.1 Net sales of securities 14.5.2 Change in debt to NFPE XVI. Financing abroad 15. Total financing abroad 14.335.825 11.476.403 1.511.546 24.300.682 15.2 Net borrowing 14.335.825 11.476.403 25.812.228 15.2.1 Drawings on loans 14.335.825 12.037.276 26.373.101 15.2,2 Amortization -560.873 -1.511.546 -2.072.419 15.3 Suppliers credits (net) 15.4 Other 15.5 Change in financial liquid assets abroad .our_e: Admin-stration PortLlaire, CAMEP, EDH, TELECO 'I'abie >.i2: Consolidated Accounts of the Central Government and Public Enterprises- 1974-1975 (In millions of gourdes) 1973-1974 1974-1975 Central Public Consolidated Central Public Consolidated Govern- Enter- Accounts Govern- Enter- Accounts ment prises ment prises Total Revenue 334.7 349.3 475.4 489.4 Budgetary Revenue 205.7 205.7 225.0 225.0 Fiscal Revenue 169.6 169.6 185.4 185.4 Earmarked Revenue 36.1 36.1 39.6 39.6 Extrabudgetary Revenue 129.0 129.0 250.4 250.4 Revenue of Public Enterprises 14.6 14.6 16.1 14.0 Total Expenditure 440.5 492.3 666.5 742.7 Budget Expenditure 176.8 176.8 204.3 204.3 Fiscal Expenditure 161.2 161.2 186.1 186.1 Expenditure from Earmarked Funds 15.6 15.6 18.2 18.2 Extrabudgetary Expenditure 167.8 167.8 313.4 311.3 Other Extrabudgetary Expenditure 95.9 95.9 148.8 148.8 Expenditure of Public Enterprises 51.8 51.8 78.3 78.3 Overall Surplus/Deficit -105.8 -143.0 -190.1 -253.3 Budget 28.9 28.9 20.7 20.7 Extrabudgetary -134.7 -134.7 -211.8 -209.7 Public Enterprises -37.2 -37.2 -62.2 -64.3 Financing 105.8 143.0 190.1 253.1 Net External Borrowing -12.7 -0.8 -13.5 63.6 24.3 87.9 Official -6.2 (--) -6.2 69.8 (--) 69.8 Private -6.5 (--) -6.5 -6.2 (--) -6.2 Net Internal Borrowing 61.4 99.4 8.1 46.0 Monetary Authorities (net) 44.3 37.1 81.4 6.8 37.2 44.0 Claim on the Government (57.5) (57.5) (75.7) (75.7) Claim on Public Enterprises (37.1) (37.1) (37.2) (37.2) Government Deposits (-13.2) (-13.2) (-68.9) (-68.9) Private Banks (net) 19.2 19.2 -5.2 -5.2 Private Sector (net) -5.7 -5.7 -3.0 -3.0 Official Entities (net) 3.6 3.6 9.5 9.5 Other- 2 0.9 0.9 0.7 0.7 Grants 57.1 57.1 118.4 118.4 1/ Includes Adm. Portuaire, CAMEP, EHD and TELECO 2/ Includes all financement other than financement by monetary authorities. Snir-p: Tables 5.1, 5.1n and 5.11 Tabie 9.113: Fiscal Operations of the Central Government 1971-1975 (Fiscal Year ending September 30) (In Millions of Gourdes in Current Prices) 1971 1972 1973 1974 1975 Total Revenue 263.5 278.8 303.4 334.7 475.4 Budgetary Revenue 155.8 173.5 191.3 205.7 225.0 Extrabudgetary Revenue 107.7 105.3 112.1 129.0 250.4 Other extrabudgetary revenue 0.0 0.0 0.0 0.0 0.0 Total Expenditure 310.7 326.3 328.7 440.5 666.5 Budgetary Expenditure 152.3 159.9 171.8 176.8 204.3 Extrabudgetary Expenditure 120.6 116.6 130.6 167.8 313.4 Other extrabudgetary expenditure 37.8 49.8 26.3 95.9 148.8 Overall Surplus/Deficit -47.2 -47.5 -25.3 -105.8 -19f.1 Budgetary 3.5 13.6 19.5 28.9 20.7 Extrabudgetary -12.9 -11.3 -18.5 -38.8 -63.0 Other extrabudgetary -37.8 -49.8 -26.3 -95.9 -148.8 I Financing 47.2 47.5 25.3 105.8 190.1 Net external borrowing -6.6 19.1 -15.1 -12.7 63.6 Net internal borrowing 24.3 5.7 9.3 61.4 8.1 Grants 29.5 22.7 31.1 57.1 118.4 Source: Tab'e 5.1 Table 5.14: Public Development Expenditures by Sectors (in millions of Gourdes) P rcefitagke sha-re of: Annual Development Investment Sector 1968-69 1969-70 197Q-71 12?1-72 127-73 1973-7L 1974-Z5 ^SLa Expenditures Expenditures 1. Power I/11-IAL 141 il 13.67. Investment 13.1 13.7 12T. 13.1 7.2 9.0 Technical assistance 0.3 0.4 0.9 0.5 0.2 2. Transports 12.0 .6 8.5 13.6 8.1 4.2 138.8 62.4 34.1 Investment 2.8 28.7 136.7 56.1 30.7 37.9 Technical assistance 5.3 11.5 2.1 6.3 3.5 3. Telecommunications 7.7 4.4 3.0 6.8 ILI 30.3 29.3 24.3 13.3 Investment 12.7 30.0 29.0 23.9 13.0 16.1 Technical assistance o.6 0.3 0.3 o.4 0.3 4. Agriculture 8.4 9.1 9.9 8.1 12.1 2 2 20.4 11.1 Investment 9-7 13.6 15 12.9 7.0 8.7 Technical assistance 2.4 8.8 11.2 7.5 4.1 5. Industry 1.0 0.8 h.3 4.9 1 4.4 10.3 5k Investment 0.8 3.3 10.1 4.7 2. 3.2 Technical assistance 0.7 1.1 0.2 0.7 0.3 6. Tourism 1.8 0. o.8 0.6 0 1,2 1.8 1 0-7 Investment o.6 0.9 0.3 0.6 0.3 0.4 Technical assistance 0.3 0.3 1.5 0.7 0.4 7. Water Supply -3 1.0 1.3 2.0 1.4 1.7 2 1.6 Investment 1.0 1.2 . 2.2 1.2 1.5 Technical assistance o.4 0.5 1.0 0.7 o.4 8. Education 3.0 2.2 2.3 6 2 e2. 6.8 Investment h.0 *.7 14.2 7.6 7 5.1 Technical assistance 5.2 2.2 7.0 4.8 2.7 9. Health 10.5 8.6 9.3 13.0 17.1 12.4 16.9 8.5 Investment -15.9 10.4 1'.2 13. 7. 9.3 Technical assistance 1.2 2.0 1.7 1.7 1.0 10. Community Development 0,7 0.7 0.9 9.7 9.2 20.1 10.0 13.1 8.8 11. Preinvestments, studies & Research =3 7.0 WT 7.7 1-1.7 11.2 6 .1 12. Housing - - - - - - 2.1 0.7 _-_ TOTAL 62 6 80.8 93.1 97.7 163.2 288.4 183.2 100 0 (of which investment) (2 .0) (34.0) ((() (126.6) (247.7) (148.0) ) 100.0 / Excludes amortization payments to GIE. Source: CONADEP ? m - ¢ > cs w ,., 05 > 5 < = X t 3 n  W £ H > t o 4 y n ° g t r 3 X c n = X t C m : = ffi r. n 3 n X e - Y X = D X _ o C - > S D r 3 n - g O n < X < Z ot w 5 X g C t G o n n D ^ U s t f e W O X r X X X n X I- x * O O n  Y -° : n 1 _ ,_ O w I 08 0! 0 > 9 b _ O £ _ X _ O w |  X w o o S Lv XA O O C t < > n :-  < r | w n o  -? - G .D  e Js £ w O  S 3 9 eX _ £ w tg w ¢ w t o - 1 r X _ 11 No CO > _ 1 _ g > 1o X - / I.J n z W J _S kD W w e b b av w > rr w o t _ o w o oa \r t 08 v { t: .D 0s n (x1 kn ¢ _ W _ N sD 9 LA w _ g w - - ? w ev .. n | CO m _ w 9 9 > £ @ W _ s m 1 _ _ - X _ ;s _ t H X O h0 W O P £ W o O £ P z O N 9 [s s > W _ n > D X s z , M _ S W P m o W 4 xD ? w m   P M w ? > n - < w tJ  s t tn eHn  nt!s w P w w £ w  w  w C X I P n I I < _ w _ M o m _ wo _ n w D n  r0 M @ co ? < w c a U _ _ < _ D a a ,_ ,, n w _ O C O _ g , e w la a r. ? g m  .° @ ? > 9 9  i ff t 8 g:r o w r X  D n o o n s w n _ o 14  w P _ n O t H _ 4 A CO 0> _1 90 _ W _ P 2 O 3 1s ° e un D n D D : ce _ , ,,, _ _ $ °? ° ° a . W.  o w , , w o so \ _ o W 4 .> w w e e w W ?  _ n ul w s ro .o w w O O ". so n C < _ o _ < _ t  O -1t o w 2 n Jn s/ 4 p oe w o xo | n o w M w > /o w O w In o n O w o X P P O P W < 0 | n _1 Wl: w < o H Mr ,_ _ 2 c b p w W O W S s tn X P XD m < w wo m > _i rt w ur w - - Table b.l6: Evolution of Salaries of Civil Servants 1971-75- Number of Wages and Average Price Average Increase/ . Wages and 1 . Prlce . In~~~Dcrease/ CSvnl Salaries sa-ary in salary in . Servants Saarles current prices ndex costant prices 1971 16,180 70,499,000 4,357.2 100.0 4,357.2 -- 1972 16,606 70,908,000 4,270.0 104.3 4,094.0 -6.0 1973 16,499 83,655,100 5,070.0 125.2 4,049.0 -1.0 1974 16,792 85,823,100 5,111.0 143.9 3,551.8 -12.0 2/ 1975-2 16,792 92,786,300 5,525.0 169.7 3,256.1 -8.0 Sources: Ministry of Finance 1/ Excluding the Armed Forces of M-laiti. 2/ For 1975 number of civil servants assumed to be at 1974 level. Table 5.17: Purchases of goods and services, expressed as a percentage of Current Expenditures- 1971 1972 1973 1974 1975 General Public Services 18.3 17.4 18.5 18.0 15.0 Defense 38.3 35.6 29.1 23.1 29.0 Education 10.1 10.3 9.2 8.9 9.1 Health 21.5 20.7 21.3 16.9 21.7 Community and Social Services 16.0 15.3 13.7 17.3 17.3 Economic Services 10.8 9.2 9.8 8.7 14.8 Unallocable 100.0 52.0 62.0 70.6 95.1 Total 22.9 21.4 19.3 17.3 29.9 / Current expenditures are computed from Fiscal Expenditure (Table 5.1) Current expenditure = Fiscal expenditure - checks of previous years - Matching Funds. Source: Ministry of France VI MONEY AIID BANKING Table 6v1 AccOUI)Tr3 OF THE BANKING SYSTEM (in ml1l-ions of Gourdes) Seate~mber0_ _ _ _ _ L9|v :1971 1972 1973 19714 l975 Assets 21.0 514 h 103.1 100.6 73.14 64.1 Liabilities -18.14 -( .3 -1.5 -14.0 -76.3 -18L4.9 UJse of TMF credit (-11.l) (-6.0) ( ) (----) (-19.0) (-67.9) Payment arrears ( -1.14) (----) (----) (-) (…) ) Other ( -2.6) (-0-3) (-1,7) (-4.0) (-57.3) (-11.0) Net domestic credit 232.2 282.6 2.2 National Government 183.0 193.8 200.4 215.1 278.6 305.5 Official entities 9 6.2 8.7 14.9 29.6 53.0 110.1 Official capital and surplus -20.4 -22.1 -25.3 -29.7 -33.9 -36.3 Private sector 65.3 78.5 92.1 170.6 310.6 451.3 Unclassified (net) -2.9 -7.9 -2.1 5.7 0.3 7.2 Interbank float -1.1 1.6 3.2 -4.2 1.2 7.4 Long-term external liabilities 1/ 21.9 26.7 28.1 32.0 1. Unearned foreign exchange 12.2n8 L136 L;3Z _L.2 Liabilities to the private sector 198.2 251.2 321.1 408,4 530.7 595.5 Currency in circulation 91.0 110.0 12143 137.1 1 65.9 Demand deposits 51.8 67.8 .95.4 128.7 142.0 14008 Savings deposits 50o6 68.6 91.6 125.7 159.8 18465 Other 4.8 4.8 9.8 16.9 63.0 116.8 I/ Includes IDB and IDA credits to the public sector channeled through the National Bank. Source: National Bank of the Republic of Haiti and IMF. Table 6.2 ACCOUNTS OF THE MONETARY AUTHORITIES -/ (In millions of gourdes) Septembor 30 _ ~~~~ ~ ~~~~ ~ ~~~~1970 1971 19 72- 19 73 19 74 1975 Foreign Assets (net) 1.5 42.8 89.1 )7.6 _44.0 -21.6 Assets 19.7 48.8 90.6 100.6 64.5 19.8 Liabilities -18.2 -6.0 -1.5 -3.0 -20.5 -71.4 Use of IMF credit (-14.4) ( -6.0) ( -- ) ( -- ) (-19.0) (-67.9) Payment arrears (-1.4) (--) (-- ) (--) ( ) Commercial arrears /-1.4/ / --/ / --/ /--/ / --/ External Debt arrears /__/ / __/ i._ / / ' _ Other ( -2.4) ( -- ) ( -1.5) (-3.0) ( 1.5) ( -3.5) Net domestic assets 198.6 211.6 229.2 285.2 392.5 529.0 National Government 183.6 195.2 201.8 216.5 260.8 292.9 Overdraft ( 16.2) ( 3.9) ( 7.3) ( 3.6) ( -- ) Other loans d (185.3) (207.4) (208.2) (226.9) (288.0) (389.0) Deposits (-17.9) (-16.1) (-13.7) (-14.0) (-27.2) (-96.1) IDAI (net) 3.7 5.4 5.2 7.9 6.7 13.1 Loans 2/ ( 5.7) ( 9.0) ( 9.7) ( 11.2) ( 11.7) ( 15.2) Deposits and cash ( -2.1) ( -3.6) ( -4.5) ( -3.3) ( -5.0) ( -2.1) Other official entities (net) 2.5 3.3 9.7 21.7 42.0 93.8 Loans / ( 21.7) ( 24.7) ( 31.0) ( 44.0) ( 56.6) ( 93.8) Deposits (-19.2) (-21.4) (-21.3) (-22.3) (-14.6) ( --- ) Official capital and surplus -20.4 -22.1 -25.3 -29.7 -33.9 -36.3 Credit to commercial banks 1.9 3.3 3.6 4.3 16.4 13.3 Private sector 30.0 34.1 41.4 66.0 95.5 129.2 Unclassified (net) -2.7 -7.6 -7.2 -1.5 5.0 23.0 Long-term external liabilities ./ 21.8 26.6 28.0 32.0 32.9 85.6 Unearned foreign exchange 3 12.6 22.8 35.6 43.3 43.2 h3.2 Liabilities to commercial banks 23.2 30.0 48.5 61.5 71.0 101.8 Currency holdings and deposits 23.2 30.0 48.5 6571 101.8 Liabilities to the private sector 142.5 174.9 206.2 246.0 289.4 276.8 Currency in circulation 91.0 110.0 124.3 137.1 165.9 153.4 Demand deposits 27.7 34.6 42.6 58.3 54.8 44.3 Savings deposits 19.8 26.1 32.7 41.3 50.9 50.6 Other 4.0 4.2 6.6 9.3 17.8 28.5 1/ Includes National Bank and Treasury 2/ Includes IDB and IDA credits to the public sector channeled through the National Bank. / Cumulative allocation of SDR's and exchange profits or losses. Source: National Bank of the Republic of Haiti and IMF. Table 6.3: ACCOUNTS OF THE PhIVATE BANKS 2 (in millions of gourdes) September 30 1970 1971 1972 1973 1974 1975 Foreign assets (net) 1.1 5.3 1265 -100 -46.9 -992 Assets 1.3 12.7 -- 9 143 Liabilities -0.2 -0.3 -0.3 -1.0 -55.8 -113.5 Monetary reserves and currency holdings 22.1 31.7 50.0 54.4 69,5 10.8 Net domestic assets 34.5 42.7 54.4 110.4 232.5 322.1 National Government -2E: -1.4 -1.4 --717 12.6 Official entities -- -- -- __ 4.3 3.2 Private sector 35.3 44.4 50.7 104.6 215.1 322.1 Unclassified (net) -0.2 -0.3 5.1 7.2 - 4.7 -15.8 Long-term external liabilities 0.1 0.1 0.1 0.1 0.1 0.1 Liabilities to monetary authorities 1.9 3.3 1.9 1. 13.7 9.9 Xediscounts. etc. 1.9 3.3 1.9 1.4 13.7 9*9 Liabilities to the private sector 55c7 76.3 U4.9 162.4 241.3 i8J Demand deposits 24.1 33.2 52.7 70.4 87.2 5 Savings deposits 30.8 42.5 58.9 84.4 108.9 133.9 Other 0.8 0.6 3.3 7.6 45.2 88.3 2 Includes the local branch of the Royal Bank of Canada, the Banque Populaire Haitienne, and the Banque Commerciale dtHaiti for the whole period; the local branch of the First National City Bank of New York beginning February 1972; the Bank of Nova Scotia beginning October 1972; the Banque de ltUnion Haitienne and the Bank of Boston beginning October 1973; and the Banque Nationale de Paris beginning September 1974. Source: National Bank of the Republic of Haiti and IMF. Table .6-4: .ccou^.ts 'he Be.nkinr Syv;ter (as of September 30) (17 > 1 Of ½^71r ) PerCenta7e o f SP 1^?^ 1-7E 200 g 1?73 197lJ 1975 197') 19 71 1972 1973 1974 1975 1/~~~~~~~~~~~~~~~~~~~~~~~~~~1 Forei-rn Assets (net. -31.9- 1, -. >1.9 - -249.7 -5 '# 1.6 0.8 -2.2 -5,7 Net Domestic CreIt 23^.1 . 1 -0 845 .2 PublicX Sector .2 ''-. '^-.1 ] '-.8 31.0 451-36 11.3 11.3 . 13.6 17.0 19.3 Privat~ 3ector 65.3 316 3. 9.3 9.1 9.3 8.693 -9I 3.2 3.5 39 6 r 0ther-. - 2?.. - :.- - 20.32 31.R -21.7 -1.2 -1.3 31 * V 10.3 -1.3-1 . .0 -1 -0.5 M on e y 1412. 172.A 219.7 367.1 307.9 294.2 7.n C Currency ~~~~~~~~ 121.' ~~~~~~~.3 r~~~~T 5~~~~29 153.4 8.~~~~~~~~~ 8.6 6.78.66. Demand Denosits 51.9 °5-4 1^^.7 142.0 140.8 2.5 3.1 4.1 4.6 4.0 3.2 Quasi Money7 55 i 7 1'1.4 2.6 222.8 301.3 2.7 3.3 4.3 5.0 6.2 6.9 ('Mctney and Quasi Noney) (90 .2) (251.>') (321.'1) ( 2+O9.4) (530.7) (595.5) 9.7) 13 (13.3) (14-4) (14.8) (13.6) 1/ Includes short and lone ter7 fforeip,,n as.ets and 2iabilities 2/ Includes official caDital and surrlus, interbank f-oat and unclassified 3/ Includes savings deposits and other unsnecif'ed liabilities to the private sector Source: National Bank, Tlaitian Inst2tuie of Ctatistics ant m.c;;n estimates Table 6.5: Flow of Funrds of the Banking System (in millions of Gourdes) 1970-71 1971-72 1Q72-73 1973-74 1974-75 Foreign assets (net) 3i-5 39.3 -16.6 -l0o.4 -170.6 Net Dormestic Credit 22.5 30.6 103.9 222.7 235.4 Public Sector 13.3 29.6 Pri.vate Sector 13.2 13.6 78.5 140.0 14o.7 Other -4.0 h.2 -4.0 - 3.6 10.1 Money 3-'* 41 . ? 46.1 L2.1 -13.7 Currency l9.Q 14.3 12.t 8 -1 Demrnri Deposits lo." 27.6 33.3 13.3 - 1.2 Q a nrc T onae 6.h. .1 . 1,2 9 78.5 ';ource: Table 6.ll Table 6.6: Financing of Net Domestic Credit (Flow of Funds, Banking System) (in Million of Gourdes) 1970-71 1971-72 1972-73 1973-74 1974-75 Net Domestic Credit 22.5 30.6 103.9 22227 235.4 Net Foreign Assets 30-5 39.3 Total 53.0 69.9 103.9 222.7 235.4 Financing 53.0 69.9 103.9 222.7 235_ 4 Money and Quasi Money 53.0 69.9 87.3 122.3 64.8 Net Foreign Liabilities--- --- 16.6 100.4 170.6 Source: Table 6.5 Table 6.7: Annual Percentage Changes of Net Dornestic Credit, Money and Prices 1970-71 1971-72 1972-73 1973-74 1974-75 Net Domestic Credit 9.8 12.1 36.7 57.5 38.6 Public Sector 7.0 6.3 13.7 35.3 25.6 Private Sector 20.2 17.3 85.2 82.1 45.3 Money and Quasi Money 26.7 27.8 27.2 30.0 12.2 Money 24.5 23.6 21.0 15.8 -4.5 Quasi Money 32-5 38.2 40.6 56.2 35.2 GDP Implicit Deflator 2.8 3.0 25.5 12.7 22.7 Consumption Prices 6.6 1X.3 20.0 15.0 17.9 Food 4.7 8.2 26.2 13.6 16.0 Clothing 3.9 2.4 3.2 20.2 42.3 Housing 21.0 -5.9 13.1 16.0 6.1 INVESTMENT Prices 12.6 -6.o 6.9 25.5 16.5 Inported Equipment 14.9 -13.1 -11.1 32.1 19.3 Construction 9.5 -2.0 10.6 19.3 18.4 EXPORTS Prices - 7.2 0.9 20.6 31.8 16.6 IMPORTS Prices 8.9 6.2 3.3 l1.3 2.4 Food17 n.a. 5.6 24.1 61.9 25.2 Intern tional Price Index2T 6.4 8.7 18.2 21.7 10.8 1/ Selected food imports constituting about 73.0 percent of total food imports during the period 1970-71 to 1974j-75 2/ Calendary year basis, from IBRD's Commodity Forecasts", November 26, 197 Source: Table 6.L)daitlan Institute of Statistics and mission estimates VII AGRICULTURE Table 7.1: Produotion of selected agricultural ooamodities in volume (thousand metric tons, unless otherwise indicated) 1960. 197171972973 1974 1975 1976- Coffee 42.4 24.3 32.3 32.6 33.3 35.0 34.9 Sisal 2/ 26.6 27.7 18.0 18.0 18.5 22.5 24.0 Sugar Cane 4.95 4.25 4.00 4.00 4.00 4.00 4.00 4.00 Cocoa 3.94 3.70 3.10 3.10 3.10 3.50 3.50 3.50 Cotton 3.46 4.00 4.00 4.00 4.00 3.15 3.15 3.15 Grain Corn 227 235 240 252 257 204 204 180 Rice 56.9 74.2 72.7 72.7 43.6 119 108 131 Millet 183 195 210 211 215 13M 134 .134 Manioc 110 118 130 134 137 137 137 137 Sweet Potatoes 83.4 85.0 74.0 66.0 70.0 106 106 106 Beans (Congo) 37.0 40.0 38.0 32.0 20.0 31.5 31.5 31.5 Groundnuts 2.29 2.17 2.20 2.20 2.25 2.93 2.93 2.93 Potatoes 1.00 1.40 1.40 1.40 1.40 1.40 1.40 1.40 Plantain Bananas 155 156 188 19C 191 191 191 191 1. Forecast 2. Million tons Source: Ministry of Agriculture Table 7.2: Production of Selected Agricultural Commodities in 'Value (in millions of 1955 Gourdes) Annual Annual Growth Rate Growth Rate 1960 % 1971 1972 1973 1974 1975 1960-1975 1 Coffee 131.7 24.4 100.5 101.5 103.5 108.9 108.5 19.6 -2.4 1.9 Sisal 11.3 2.1 7.6 7.6 7.9 9.6 10.2 1.8 -3.6 7.6 Sugar Cane 74.3 13.8 60.0 60.0 60.0 60.0 60.0 10.8 -1.9 0.0 Cocoa 11.2 2.1 8.8 8.8 8.8 9.9 9.9 1.8 -2.2 3.0 Cotton 3.2 0.6 3.6 3.6 3.6 2.9 2.9 0.5 1.1 -5.3 Grain Corn 86.7 16.1 91.7 96.3 98.2 77.9 77.9 14.1 0.5 -4.o Rice 72.3 13.4 92.4 92.4 55.4 151.8 137.2 24.8 2.3 10.4 Millet 32.0 5.9 36.8 36.9 37.6 23.5 23.5 4.2 1.3 -10.7 Manioc 3.0 o.6 3.5 3.6 3.7 3.7 3.7 0.7 1.4 1.4 Sweet Potatoes 15.0 2.8 13.3 11.9 12.6 19.1 19.1 3.5 -1.1 9.5 Congo Beans 55.2 10.2 56.6 47.7 29.8 46.9 46.9 8.5 0.2 -6.o Groundnuts 1.2 0.2 1.2 1.2 1.2 1.5 1.5 0.3 0.0 5.7 Potatoes .5 0.1 .7 .7 .7 .7 .7 0.1 3.1 0.0 Plantain Bananas 41.8 7.7 50.6 51.1 51.4 51.4 51.4 9.3 1.8 0.4 Total 1-14 539.4 100.0 527.3 523.3 474.4 567.8 553.4 100.0 -0.2 1.2 Annual rate of change -.76 - 9.34 19.69 -2.54 Source: Ministry of Agriculture. Table 7.3: COFFEE PRODUCTION AND E)MORTS Annual rate Annual rate Annual rz. of growth of growth of growth 1950 1960 1971 1972 1973 197h 1975 1950-60 1960-71 1971-775 Production (thousand tons) 38.0 42.4 32.3 32.6 33.3 35.0 3h.9 1.1 -2.3 1.6 Domestic Con- surnption 12. 13.8 11.3 Vh.0 13.9 16.2 17.1 1.0 -1.8 ln. !xportF 25.5 28.6 21.0 18.6 19.4 19.8 17.8 1.1 -2.8 -1. DTomestic Con- sumption (M) 32.0 32.5 35.o 42.9 41.7 46.3 48.9 Exports (g) 67.1 67.5 65.o 57.1 58.3 53.7 51.1 --- --- --- T2' ort Earninsq million) 25.h 20.2 18.9 15.7 20.6 24.0 18.5 -2.3 -0.6 -0.5 Export TJnit Price 1.02 .71 .88 .84 1.06 1.28 1.04 -3.6 2.0 4.3 ('thousand per ton) Domestic Unit Price received by farmers in current terms .74 .28 .31 .35 .54 .77 .142 -9.2 0.9 7.9 in real terms (1955) .79 .30 .24 .26 .33 .41 .19 -9.3 -2.0 -2.6 Total Farmers revenues (t million) at current prices 28.1 11.9 10.0 11.14 18.0 26.9 14.7 -7.5 -1.6 10.1 at constant prices (1955) 30.0 12.7 7.8 8.5 11.0 14.3 6.6 -7.5 -4.2 --L. Revenue per farmer ($) at current prices 72 31 26 29 46 69 38 at constant prices (1955) 77 33 20 22 28 37 17 1/ Assuming a constant number of 390,000 coffee growers. The average coffee holdin.; 3 ha. Source: Ministry of Agriculture and Mission Calculations. Table 7.4: AGRICULTURAL CREDIT ($ Thousand) BCA IDAI Loans to / Loans to Supervised Loans to Total amount of as % of agri- Year groups Individuals Total Credit Individuals Total loans disbursed cultural pro- duction 1972 7, .3 6.9 81.1 174.7 24.9 199.5 280.7 0.08 1973 47.4 7.3 54.7 260.0 14.5 274.5 329.2 0.10 1974) 48.2 26.3 74.5 284.0 28.4 312.4 386.9 0.17 1975 153.1 11.5 164.7 427.7 94.2 521.9 686.6 017 Ann,al rate of growth 27.3 18.6 26.6 34.8 56.o 37.8 34.7 1/ Cooperatives and Societes de Credit Agricole Source: Ministry of Agriculture and IDA I TIable 7.5: STRUCTURE OF AGRICULTURAL PRODUCTICN 1973 Superf-ice-y- Volume of Production Value of Production Value per Hectare Thousand Percentage in metric Yield million T of gourdes) hectares of total tons tons/hec, gourdes 1955 total Food Crops 662.2 56.9 389.1 43.7 (59o) (millet) (219.4) (18.8) (215.0) (.98) (37.8) (4.2) 170 (beans) (82.4) (7.0) (42.8) (.52) (63.9) (7.2) (70 (corn) (238.5) (20.4) (257.0) (1.08) (123-4) (13.9) (520) (bananas) (86.6) (7.4) (191.0) (2.21) (71.6) (8.0) (830) (rice) (39.0) (3.3) (43.6) (1.12) (9224) (10.4) (2,370) Export Crops 227.1 19.4 _ 185.7 20.9 (820) (coffee) (132.8) (114.) (33.3) (.25) (112.8) (12.7) (850) (cocoa) (10.2) (0.9) (3.1) ('30) (8.9) (1.0) (870) (sugar cane) (82.6) (7.0) ( 4.000) (48.4)1/ (60.0) (6-7) (730) (vegetable and fruits) ( 1.4) (0.1) (10.6) ---- (4ho) (o.4) (2,780) Industrial Crops 22.3 1.9 --- 6.2 .7 (160) (coconuts) --- --- 13.1 --- (2.6) (0.3) ____ (cotton) (22.3) (1.9) (4-0) (.17) (3.6) (0.4) (160) Others 254.5 21.8 --- 173.9 19.5 (110) Total Agricultural Products 1,170.0 100.0 --- 754.9 84.8 (650) Meat ---- ---- 20.3 ---- 101.3 11.4 Milk 27.6 13.8 1.6 Fisheries 3.8 19.7 2.2 Total livestock and fisheries ---- -134.8 15.2 Total Agricultural Production 889.7 100.0 1/'This estimate seems too high as a national average Source: IICA, IHS and mission estimates Table 7.6: Distribution of Returns from Coffee Exports (Values in US oents per pound) Calendar F.O. B. Taxes Intermediaries Producers Year Export Price Amount Share Amount Share Amount Share 1950 46.2 7.4 16 5.3 12 33.5 72 1964 36.3 11.7 32 6.4 18 18.2 50 1970 43.5 12.3 29 9.7 22 21.5 49 1971 39.4 12.3 31 13.0 33 14.1 36 1972 39.9 12.4 31 11.0 27 16.5 42 1973 48.9 13.2 27 10.9 22 24.8 51 1974 63.4 15.4 24 10.3 16 37.7 60 Source: Ministry of Finance and IHPCAEE. Table_7.7: Distribution of Land Holdings Per Size and Per Region in 1971 Size of holding Pegion Less than 1 carreau Fran 1 to 10 carreaux More than 10 carreaux % of % of popul density T % of popu- density % of % of popu- density area lation per hc. area lation per hectare area lation- per hc. Soulth 32.0 66.5 6.78 61.0 32.9 1.74 7.0 0.6 0.26 West 38.0 78.4 8.0)4 61.9 27.6 1.88 0.1 0.0 0.41 North-West 19.7 52.0 6.29 63.5 L45.5 1.71 16.8 2.5 0.36 Antibonite 35.0 64.1 5.18 62.1 35.6 1.62 2.9 0.3 0.37 North 29.5 62.5 5.92 64.5 36.6 1.58 6.0 0.9 0.143 Total 32.6 66.3 6.56 62.4 33.2 1.71 5.0 0.5 .34 Note: 1 carreau =1.29 hectare Source: I.H.S. I Table 8.1: Industrial Production (in mnillion 1954/55 Gourdes) Rate of Growth p.a. 1970 % 1971 1972 1973 1974 I 1970-74 Foodstuffs 40.0 19.5 49.7 59.7 50.5 51.9 15.2 6.7 Soft drinks 7.8 3.8 7.9 8.2 8.1 8.9 2.6 3.4 Tobacco 7.4 3.6 8.6 7.7 8.3 11.1 3.3 10.7 Textiles 35.0 17.1 48.7 38.6 80.5 77.8 22.8 22.1 Leather clothing 46.6 22.7 52.1 59.3 78.6 67.5 19.8 9.7 Wood furniture 2.8 1.4 2.7 3.2 2.6 2.2 o.6 -5.8 Rubber .2 0.1 .4 16.8 .5 .4 0.1 18.9 Chemical products 1.4 0.7 1.4 1.4 9.9 12.3 3.6 72.0 Non-metal minerals 7.3 3.6 8.5 9.9 13.1 16.4 4.8 22.4 Metal and engineering products 20.5 10.0 45.7 33.0 41.9 49.3 14.5 24.5 Others 35.8 17.5 10.4 15.4 49.6 42.9 12.6 4.6 Total 205.0 100.0 236.0 253.2 343.7 340.8 100.0 13.6 Source: Ministry of Commerce and Industry. Table 8.2 . PRODUCTION OF SELECTED MINERAL AND INDUSTRIAL CCMMODTTIES (thousand metric tons, unless otherwise indicated) 1970 1971 1972 1973 1974 1975 Sugar (thousand tons) 65.5 64.4 72.0 65.8 66.o 64.8 Molasses (million gallons) 3.5 3.3 4.0 4.2 n.a. n.a. Cotton textiles (million yards) 3.6 5.9 3.0 3.4 3.5 n.a. Cigarettes (millions) 420.7 451.4 461.7 515.4 630.9 674.1 Flour 25.9 32.2 40.3 55.6 79.2 131.0 Soap 4.4 4.5 4.4 4.0 7.0 7.2 Cooking oil 4.9 5.7 11.9 8.9 8.3 10.6 Lard 0.7 0.9 1.2 0.7 1.0 1.4 Shoes (thousand pairs) 173.1 215.1 243.4 246.0 214.7 222.7 Soft drinks (million bottles) 25.5 27.8 30.1 40.6 54.6 n.a. Perfume essence oils (thousand kilograms) 206.0 381.6 316.2 229.3 391.3 225.6 Power 88.3 97.6 112.1 116.0 144.1 n.a. Cement (thousand kilowatts) 62.4 66.6 83.9 111.3 139.8 145.3 Bauxite 764.8 753.3 770.2 769.8 729.6 522.7 Copper 5.9 4.9 5.5 1.4 n.a n.a. Sources: BNRHH Department of Commerce and Industry and mission estimates Table 8.3: Industrial Production Index by Type of Activity (1954/55=100 ) Industrial Foodstuffs Soft Drinks Tobacco Textiles Production 1969 103 83 96 81 108 1970 108 94 118 96 105 1971 134 99 139 86 111 1972 168 107 126 66 121 1973 183 1144 140 74 125 1974 240 n.a. 190 99 135 Annual Rate of 18.4 14.8 14.6 4.1 4.6. Growth (1969-1974) Source: IHS Ix PRICES Tabj, y: HAITI - Price Indices (195L4/55=100.0) GDP CONSUMPTION 2L INVESTMENT r?iscai internatioral Implicit Terms of Imported Years Price Index I/ Deflator IMPORTS EXPORTS Trade Total Food a2 n Housing JTotal Construction 1954-55 100.0 lOG.0 100.0 1000 OO.G .0 100.0 100.0 100.0 100.0 100.0 100.0 1959-60 105.9 89.7 95.0 88.8 93.5 91.7 87.3 85.1 136.6 94.8 95.2 94.9 1964-65 112.L 112.4 91.!. 79.0 86.4 113.3 106.6 95.6 164.6 121.3 127.7 119.2 1966-67 115.9 120.6 85.1 77.1 90.3 121.1 115.3 97.1 187.1 118.3 116.9 119.3 1967-68 114.6 116.6 81.7 73.4 89.8 118.7 110.9 103.1 167.4 106.0 97.3 109.7 1968-69 119.0 119.5 85.7 74.0 86.3 121.8 117.1 122.8 155.1 116.1 131.8 117.6 1969-70 127.6 I'23.14 80.5 87.1 108.2 122.6 117.4 124.3 152.7 99.1 87.2 107.7 1970-71 135.8 126.8 87.7 80.8 92.1 130.7 122.9 129.2 1814.7 111.6 100.2 117.9 1971-72 147.6 130.6 93.1 81.5 87.5 136.3 133.0 126.1 173.8 1014.9 87.1 115.6 1972-73 174.5 163.9 90.0 98.3 109.2 163.6 167.8 130.2 196.5 112.1 78.3 127.8 1973-74 212.4 1814.7 127.2 129.6 101.9 188.1 190.6 156.5 228.0 140.7 103.4 152.5 1974-75 235.4 226.6 130.3 151.1 116.0 221.8 221.2 222.8 241.9 163.9 123.4 180.5 1/ Calendar year basis, from IBRD's "Commodity Forecasts," November 26, 1975. 2/ Yearly average working class cost of living index in Port-au-Prince (food 68.6 percent, clothing 19.5 percent, housing 11.9 percent L/ 1960 and 1965 refer to Calendar Year. Source: Haitian Institute of Statistics. x PROSPDOTS Table -I' : Present and Projected Balance of Production and Consumption of Food Growth Rate Growth Rate 1971 1975 1971-1975 1980 1975-1980 L. Private Consumption 1,820.6 2,225.8 l 2,854.3 5L 1. Urban Areas a. Urban Consumption (milion G,197 prioes) 758.3 1,110.4 10.0 1,780.3 b. Urban Population ('000) 873.2 1,037.3 4.4 1,286.5 a. Urban Consumption/Head (G) 868 1,070 5.4 1,390 d. Percentage of Food in Total Consumption (%) 50.6 6 - 35.0 Subtotal: Urban Food Consumption 383.6 450.7 4.1 625.9 6.8 2. Rural Areas a. Rural Consumption (million G, 19,71 prices) 1,062.3 1,115.4 1.2 1,183.9 b. Rural Population ('000) 3,428.0 3,581.3 1.1 3,782.7 a. Rural Consumption/Head(G) 310 311 0.1 313 d. Percentage of Food in Total Consumption 66.9 66.9 - 66.9 3ubtotal: lRral Food Consumption 710.7 746.2 1.2 792.0 1.2 T. Production 1. Agricultural Production (million G, 1971 prices) 1,095.2 1,1149.9 1.2 1,220.6 2. Industrial Production of Foodstuffs Net of Agri- cultural Inputs 125-5 110.2 1.1 116.3 Subtotal: Total Food Production (1 + 2) 11200.7 1,260.1 1.2 1,336.9 1.2 III. Foreign Trade 1. Imports of Foodstuffs 37.1 56.2 10.9 175.8 25.6 2. Exports of Agricultural Products 143.5 119.4 -4.5 94.8 -4.5 Net Exports (2 - 1) 106.4 63.2 -13.2 -81.0 Total Domestic Food Consumption (million G, 1971 prices) 1,094.3 1,196.9 2.3 1,417.9 3.4 Source: Missiom calculations Table 10.2: Effects Per Hectare- of Technical Improvements in Agriculture Irrigation Rehabilitation Sugar of Coffee Corn Beans Cane Cotton Total Plantations Share in the Area (A) 0.560 0.193 0.194 0.052 1.000 1.000 (1 ha) (1 ha) Yield (tonsAvha Traditional (B) 1.1 0.6 40.0 1.4 - 0.25 Improved (C) 4.0 1.2 100.0 2.0 - 0.70 Gain (C - B) 2.9 o.6 60.0 o.6 - 0.45 Supplementary Production In Tons (A x (C-B) 1.62 .U16 11.6 3.12 - 0.45 In Gourdes 1955 (D) 778 174 175 67 1,194 1,525 Fixed Investment Requirements (Gourdes 1955) (E) 2,060 710 720 190 3,680 2,230 Recurrent Annual Development ^cpenditures l/ (F) (0 1955) 330 60 190 30 610 570 Marginal Capital Output Ratio (D-E) 0.38 0.25 0.24 0.35 0.32 0.68 Cost-Benefit Ratio (F/D) In 1955 Prices 0.42 0.35 1.082/ 0.45 0.51 °-373/ In 1973 Prices 0.45 0.43 0.72 0.54 0.50 0.732/ 1/ Includes cost of seeds, fertilizer, pesticides, water and transportation. Water priced at a level permitting to amortize investment in irrigation. 2/ Clearly, at $3/ton (1955 price) sugar cane cultivation improvement was not profitable.1975 price is $6/ton; additional revenues would be $36A0a and additional costs $320/Aa. I/ Assumes that the cost of new coffee trees is amortized over 25 years at a discount rate of 8 percent. Source: FAO/E0D 1973 agricultural report and mission estimates Table 10.3: Costs and Benefits of Public Assistance to Agriculture, 1976-80 1976 1977 1978 1979 1980 1976-80 I. Irrigation of Crops 1. Volume of Production (growth in % p.a.) 1.5 1.8 2.2 2.6 3.0 2.2 2. Net Benefit from Irriga- tion (annual increases - in million 1955 gourdes) 3.5 6.3 10.0 13.9 18.1 51.8 3. New Areas under Irriga- tion (thousand ha) 2.9 5.3 8.4 11.6 15.2 43.4 4. Expenditures (US$ mln.) a. Investment in Irrig. 2.3 4.8 8.4q 12.7 18.4 46.6 b. CurreAt Inputs i. Annual o.6 1.2 2.1 3.1 4)4 11.4 ii. Cumulative o.6 1.8 3.9 7.0 11.4 II. Coffee 1. Production Growth (in thousand tons) 0.5 0.6 0.8 1.0 1.1 4.0 2. New Plantations (in thousand ha) 1.1 1.3 1.8 2.2 2.4 8.8 3. Expenditures (US$ mln.) a. Planting of Trees 0.9 1.0 1.8 2.1 2.5 8.2 b. Current Inputs i. Annual 0.2 0.3 0.4 0.5 0.6 2.0 ii. Cumulative 0.2 0.5 0.9 1.4 2.0 III. Financial Requirements (in US$ million) Public Enpenditures 5.5 11.3 20.8 31.9 46.8 1. Fixed Investment 3.2 6.7 11 .8 25 65.2 a. In Irrigation (2.3) (4.8) (8J4) (12.-7) (18.4) (46.6) b. Supporting Networks (feeder roads, etc.) (0.9) (1.9) (3.L4) (5.1) (7.4) (18.6) 2. Current Expenditure a. Technical Assistance 0.6 1.3 2.4 3.6 5.1 13.0 3. Credit (I.4b + II.3a & b) 1.7 2.5 4.3 5.7 7.5 21.6 IV. Spread of Benefits of Public Expenditures in Agriculture 1. Number of Families Affected (thousand) 2.8 4.7 7.3 9.9 12.6 37.3 2. Number of Persons Affected (thousand) 8.4 14.i 21.9 29.7 37.8 111.9 Source: Table 10.2 Table 10.4: Fixed Investment Projections Annual Annual Average Average 1971-75 1976 1977 1978 1979 1980 1976-80 Annual Rate of Growth 2.5 3.8 4.0 4.0 4.0 4.0 4.0 Investment as Percentage of GDP 13.2 16.0 16.0 16.0 16.0 16.0 16.0 (in constant terms) Marginal Capital Output Ratio 5.0 4.0 4.0 4.0 4.0 4.0 4.0 Total Investment (mWilion G 1955) 240.7 321.6 334.4 348.0 362.0 376.4 348.5 Private Investment 159.3 182.2 185.2 188.6 192.1 195.6 188.7 Public Investment 81.4 139.4 149.2 159.4 169.9 180.8 159.8 Total Investmenti/ (million 313.1 566.6 633.4 708.6 792.4 885.7 717.3 current G) Private Investment 201.7 321.0 350.8 384.0 420.5 460.3 387.3 Public Investment 111.4 245.6 282.6 324.6 371.9 425.4 330.0 Total Investment 100.0 100.0 100.0 100.0 100.0 100.0 100.0 Private Investment (%) 64.4 56.7 55.4 54.2 53.1 52.0 54. 0 Public Investment (%) 35.6 43.3 44.6 45.8 46.9 48.0 46.o 1/ Price inflation during 1976-80 is posited at 7.5 percent p.a. Source: Mission calculations. Table io5: PUBLIC DEVELOPMENT EXPENDITURES ($ Million in Current Prices) Annual Annual Averag4& Average Percentage Share 1973-1975 1976 1977 1978 1979 1980 1976-1980 1973-1975 1976-1980 1. Agriculture 2.6 3.2 6.7 11.8 17.8 25.8 13.1 8.6 19.8 2. Industry 1.0 1.1 1.2 1.3 1.6 1.5 1.3 3.3 2.0 3. Transport 11.2 30.6 32.4 34.0 25.6 13.7 27.3 37.0 41.4 4. Telecommunicati.ons 4.8 5.1 3.2 1.7 - - 2.0 15.8 3.0 5. Power 2.6 2.6 10.3 5.6 7.8 7.1 6.7 8.6 10.2 6. Water Supply 0.4 1.5 2.0 2.5 3.0 3.5 2.5 1.3 3.8 7. Tourism 0.1 - - 4.0 4.0 3.8 2.4 0.3 3.6 8. Education 1.5 1.3 1.8 2.0 2.3 2.8 2.0 5.0 3¢Q 9. Health 2.8 1.2 3.5 4.5 4.6 4.8 3.7 9.2 5.6 10. Community Development 2.6 2.7 3.0 3.2 3.6 4.0 3.3 8.6 5.0 11. Urban Development 0.7 1.0 1.2 1.5 2.0 3.0 1.7 2.3 2.6 Total Fixed Investment 30.3 50.3 65.3 72.1 72.3 70.0 66.0 100.0 100.0 Technical Assistance 7.0 12.0 15.6 17.3 17.3 16.8 15.8 Credit to Agriculture 0.4 1.7 2.5 4.3 5.7 7.5 4.3 Credit to Industry 0.5 0.3 1.3 1.6 1.7 1.2 1.2 Total Public Credit to Private Sector 0.8 2.0 3.8 5.9 7.4 8.7 5.5 TOTAL 64.3 84,7 95.3 97.0 95.5 87.3 Source: Mission estimates Table 10.6: Public Sector Information Flows Explanatory Note to Charts 1 and 2 Necessary Information on Public Finance Flows 1. Information on Revenue Re * total revenue forecast for a fiscal year. Rci : total revenue collected for a fiscal year Rp : total revenue forecast for the period of the Five- Year Plan. RTy : yields of individual taxes. 2. Information on Current Expenditure Esi : current expenditure request submitted by a spend- ing agency for a fiscal year. Ebi : budgeted current expenditure for a spending agency for a fiscal year. Eai : actual current expenditure spending of a spending agency for a fiscal year. lEbi: current budget for a fiscal year. 3. Information on Investment Expenditure Isi investment expenditure request submitted by a spend- ing unit through the planning unit or directly to the resource allocating unit. Ibi : budgeted investment expenditure of a spending agency for a fiscal year. Iai : actual investment expenditure of a spending agency for a fiscal year. Eibi: investment budget for a fiscal year. KiIi: forecast of future current expenditure needs induced by investment projects being implemented. Chart 1: Information cl'lows of the Existing Organization; Esi, Eai l Ministry of Finance Budget OffIce } . _ r | S Rci ~~~~~~~~~~~Administration l Ministries | ~~Ebi Iiiis tries _ . _ __Generale des Contributiofis COt."kOt.p I: ! Acrinije t ration UIIu-niiosAec icss_n AuLonomous and I ½o~~~~~~~~C;eeralp des DoujaneCs holders of extra- s a \ ~~~~~~~~~~buagetary ac co vts ,'_ tI a 'o c on j ~~~~~~~~~~~~~~~~~~~Banque Nation~ale de la Republiqbu dudaiiti SPENDING URNITS j9 Regie du Tabac et des 3 I | AAlmettes Rci: t-otal amount of resources collected is not transmitted to the Ai Ministrv of Finance, only amount earmarked for the current budget is des Contributiors comaunicated. L RESOURCE FORECASIING TNfT Chart i; . Minimal Informatiorn Flows kili, lai lb ,i,E rb i,, I Es:LX I63 Ea1, lai A llocating Ebi. Ibi, ki.li U-'-Lnit IR&ci |.Sending Units [Resoure tMinistries and tMobilizing Planning Unit i Isi, Ibi, kiIi, Iai Public Agencies XUnit Z |~~~~~~~~~~~~~~~~~~~~~~~~RP Resource ___________ Ri, Rp __ _ _ _ _ _ _ _ _ Forecasting Un it Ta½le 7':..7 3OCViXjiJT ESTSQ1AT1TS OT 1021.D CCUE'lIP'ARIJ 5UXk> 7r7- 0 FLCCi IJ WITh C.'I.'.IAI £XTK_AL iDI (in million US$) 1$7-7( j 1576-77 1 577-76 1978 -7 1i70-8C Tot,l ;otal 13.3 1A.0~~~~~~~~~~~~~~c 14.7 i. ?6.2 7 3X t Uotching fux:ds 2.0 2.1 2.2 2.3 2.!4 11.C .Eorcrmic Liberatior. Account ,9 0.° 1.0 1.1 1.1 L.7 Coffee Promction Fund C 1 C.2 0.3 C.L Co. 1.2 Other Counterpirt Funds 2.2 j 2.5 2.6 2.8 2.9 10.C R Road Construction Fund L.I L.6 L.8 L.9 5.C 23.7 f. Ropd IM'aintenance Fund 1.( 1 .U 1 .0 1 .1 1.1 5.? 7. Port Adninistration o.8 0.8 0.9 1.0 1.2 4 7 : Counterpart Funds CAIVEP 1 1.9 1.9 2.0 2.0 9.7 1/ From 1 975-76 Levelopment Budget 2/ "Comte Central Bu.dget de Development" and "Poste Special BDVE". Source: CONADEP .Tsble 1:)@8: fievsniuos of DevelorMent Tahdget Accounts Ad:inistered by CC1ADEP (in niillions of U. S. $) 19(1--72 1-9 7 2-73-7 9h ln^7S~~~~~~~~~~ -:_a 1 74. Total 4.4 LX4 1. Matching Funds 1.3 1.5 1.6 1.9 2. Economic Liberation Account 0.7 0.7 0.8 0.8 3. Coffee Prcanotion Fund 0.1 0.1 0.2 0.2 4. Central Account B.D.V.M. 1J.4 1.7 1.9 1.9 5. Special Accotint B.D.V,M. 0.1 0.3 0.2 0.2 6. Obligations Peligre 0,8 0.7 0.5 0.4 Source: CONADEP Tab!ee 1(U.?: Projecte(i Revenues of i:xcise Taxes on Fisoline and diesel oil (UJS D million) GASCLINI ____ DIESEL OIL iConsumDtion T7/>venues 2/ Consumption / Revenues T 'otal Road Road (Lhousand: (thousand Revenues Construction Maintenance y'- barrels) barrels) 263.2 393.6 -'