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Eforming its public financial management system However significant challenges remain to improve efficiency transparency and accountability Moreover the growth poverty response of the improved system has However significant challenges remain to improve efficiency transparency and accountability Moreover the growth poverty response of the improved system has imited Haiti remains one the poorest countries in the world Accelerating growth and reducing poverty will reuire bold policy actions "With A Strong Emphasis "a strong emphasis fiscal reforms
"however even with "
even with best fiscal reforms it is unlikely that Haiti will achieve in the near futu. Re the high growth rates reuired to significantly move the country out of the poverty trap "MORE FOREIGN AID AND PREDICTABLE FLOWS "foreign aid and predictable flows needed to support economic growth and help overcome some of the vicious dynamic circles that ock Haiti in a ow growthhigh poverty euilibrium "and improve iving standards In this context effective management of aid flows "improve iving standards In this context effective management of aid flows crucial to ensure that their potential growth enhancing poverty reducing and human development improving effects materiali. ,

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This book summarizes the key findings and policy recommendations "of a comprehensive diagnosis of a Public EXPENDITURE MANAGEMENT AND FINANCIAL ACCOUNTABILITY REVIEW Management and Financial Accountability Review The PEMFAR is an exercise "a comprehensive diagnosis of a Public Expenditure Management and Financial Accountability Review PEMFAR The PEMFAR is an exercise integrates the analysis of a Public Expenditure Review a Country Financial Accountability Assessment and a Country Procurement Assessment Report The analysis focuses on the inkages between public finance growth and Procurement Assessment Report The analysis focuses on the inkages between public finance growth and Over the past years Haiti has made good progress in Haiti: Public Expenditure Management and Financial Accountability Review (World Bank Country Study)