Wednesday Yves Romain Bastien, the new Minister of Economy and Finance (MEF) and Jean Baden Dubois, the Governor of the Bank of the Republic of Haiti (BRH https://www.icihaiti.com/en/news-16130-icihaiti-politic-surprise-resignation-of-a-member-of-the-new-board-of-directors-of-the-brh.html ) signed a Memorandum of Understanding on cash management.

According to the signatories, the agreement which will allow to exercise a strict control over the revenue taht the State have, reflects the desire of the Government of rational management of public spending.

As said Minister Yves Romain Bastien "it is time to stabilize the depreciation of the gourde and that over time it can recover some value."

For his part, the Governor of the BRH has encouraged Haitians to purschase of "Bons BRH" to contribute to the exchange rate stabilization effort and maintain their purchasing power.

HL/ HaitiLibre