Haitian President calls for the ratification of the appointed prime minister

President Jovenel Moïse has launched a call for solidarity to all politicians including parliamentarians in order to present Haiti with a new government.

Moïse mentioned at the graduation ceremony for the 6th cohort of commissioners held at the National Police Academy on Thursday that the establishment of a new government is essential in order to better address the problems facing the country and promote the release of $150 million promised by Taiwan. Continue reading

To keep the flask stable, the BRH suffers credit

Since the Bank of the Republic of Haiti (BRH) has tightened credit access conditions by raising key rates on BRH bonds, banks have since followed suit and applied substantial increases to cover the 10 percentage points applied by the bank.

Interest rates on the BRHs went from 6%, 8% and 12% to 10%, 14% and 22% on maturities of 7, 28 and 91 days respectively. To keep up with the trend, in some cases, consumer loans are hit by 4.40% or 4.16% each month. While lines of credit face rates of up to 36% per annum. Continue reading

Senator decides not to sit in the senate without clarifying his ties with gang leader

Senator Garcia Delva said he is unavailable to continue to serve in the Senate Office, pending full clarification of his alleged involvement in criminal activities with La Saline gang leader Arnel Joseph. He also mentioned he’s ready to respond to any invitation of an investigating judge in a letter addressed to the president of the Senate and denounces what he calls “politicking craftsmen,” who would use the capture of Joseph to try to involve him at all costs.

“These groups, whose only purpose is to destroy the personality, the person and the name of all those who seek to make a contribution to national construction, despise the notion of the presumption of innocence and find everything institutional equipment, helping them in their dirty business,” Delva said. Continue reading

Thunderstorms expected in Haiti through the weekend

Thunderstorms are expected in Haiti through Saturday according to a bulletin of the Hydrometeorological Unit (Uhm). The rainfall will particularly affect the Artibonite, Central Plateau, North-East regions of the country. The waves can reach up to eight feet high on the south coast and six feet high on the north coast and in the Gulf of Gonâve (opposite the bay of Port-au-Prince). Continue reading

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