May 16, 2025
At the request and under the leadership of the Haitian government, the IDB will coordinate this collaborative initiative to bolster Haiti’s economy through private-sector-led growth, enhanced human capital and strengthened institutions.
The Inter-American Development Bank (IDB) and the government of Haiti announced the launch of a five-year recovery and development plan process. At the request and under the leadership of Haiti, the IDB will coordinate this joint effort with the World Bank, the United Nations, and the European Union.
The agreement of the Medium-Term Recovery and Development Plan for 2025-2030 was formalized in a joint statement signed by IDB President Ilan Goldfajn and Alfred Fils Metellus, Haiti’s Minister of Economy and Finance, on the sidelines of the IMF and World Bank Spring Meetings in Washington, D.C.
This partnership between Haiti and multilateral institutions builds upon the Rapid Crisis Impact Assessment, led by the World Bank, which outlined and quantified urgent, priority needs in the metropolitan region of Port-au-Prince.
“The IDB is fully committed to leading this initiative with our global partners. The Medium-Term Recovery and Development Plan for 2025-2030 is a joint effort designed to strengthen Haiti’s resilience and lay the groundwork for a more stable and prosperous future. By bolstering Haiti’s economy through private-sector-led growth, enhanced human capital, and strengthened institutions, we aim to create conditions for lasting peace,” said President Goldfajn.
Alfred Fils Metellus, Haiti’s Minister of Economy and Finance said: “Haiti is at a crucial moment, and this partnership is essential to charting a sustainable path forward for our country. By prioritizing regional investment and fostering territorial economic development, we can promote stability and create new opportunities across the country, benefiting all Haitians.”
A key focus of the plan will be to identify and prioritize critical investments for regions outside Port-au-Prince, establishing a roadmap for medium-term development and promoting alternative economic hubs to strengthen growth and drive sustainable development. The plan is articulated around three pillars: i) Bolstering economic development and strengthening the private sector for rapid, inclusive, and sustained growth; ii) Enhancing delivery of basic services and development of human capital; and iii) Improving institutional capacity, the rule of law, justice and security.
The plan will first focus on creating a pole of economic development in the Great North and then move sequentially to other territories that offer opportunities. The IDB, the government of Haiti, the World Bank, and the United Nations have initiated technical meetings to identify critical investments for the Great North. These collaborative efforts aim to address key needs and challenges and promote sustainable development across various regions. Haiti’s government officially announced the plan in Port-au-Prince on April 10 in an event that brought together ministers, government representatives, and donors.
The plan responds to a request from the governors at the 2024 IDB and IDB Invest Annual Meetings in Punta Cana, Dominican Republic, where ministers urged the IDB to take a central role in supporting Haiti’s recovery and long-term development.