Comment on IMF defends Haiti fuel price hikes that sparked unrest

IMF defends Haiti fuel price hikes that sparked unrest

PORT-AU-PRINCE, Haiti (AP) — Proposed fuel price increases that sparked four days of unrest in Haiti would improve the finances of the government of the impoverished country and free up money to benefit more people, an official with the International Monetary Fund said Thursday. The Haitian government had agreed earlier in the year to eliminate fuel subsidies as part of a broader agreement with the IMF in which member nations of the international organization would provide more direct assistance to Haiti, spokesman Gerry Rice told reporters. Part of the plan was for Haiti to strengthen its revenues through increased tax collection and elimination of the fuel subsidies.Read more on NewsOK.com

 

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