On March 13, 2025, Minister Monazard discussed economic recovery factors at an AmCham event, emphasizing job creation and support for SMEs. He announced initiatives like the Youth Entrepreneurship Support Program, infrastructure development, and tech regulation to enhance digital commerce. Monazard highlighted tourism’s potential and reasserted support for craft sectors and the HOPE/HELP Act to improve market access.
On March 13, 2025, during a panel discussion at the Karibe Convention Center, James Monazard, Haiti’s Minister of Commerce and Industry, addressed crucial factors for promoting economic recovery. Joined by key financial officials, he identified job creation as essential for revitalizing Haiti’s economy, which has been in decline for six years. He underscored the urgency of addressing employment, especially for youth and women, through initiatives by the Ministry of Commerce and Industry.
Minister Monazard announced that students studying finance and economics would assist small and medium-sized enterprises (SMEs), which will receive government financial support. He also mentioned plans to adapt infrastructure in Haiti’s North and South regions for significant investment projects, similar to developments ongoing in the West, including the Antoine Simon International Airport in Les Cayes.
Additionally, Minister Monazard acknowledged the critical role of technology in the modern economy, advocating for updates to commercial laws to enhance digital commerce for internet users in Haiti. He emphasized the tourism sector’s potential, noting the favorable climate for visitors, and highlighted the need to revitalize this sector as part of the broader economic recovery strategy.
On March 11, during the “Tuesdays of the Nation,” Monazard presented various initiatives aimed at strengthening the national economy, including the reactivated Youth Entrepreneurship Support Program (PAPEJ). He reported that post-relaunch, over 850 business plans had been submitted, illustrating the enthusiasm of young entrepreneurs. Furthermore, he reiterated his commitment to supporting the craft sector, specifically through shoemaking and sewing support programs.
He concluded by reinforcing the government’s dedication to renewing the HOPE/HELP Act, crucial for facilitating Haitian products’ access to the U.S. market. Minister Monazard pledged to persist in regulating the market, supporting local businesses, attracting investments, and creating a stable, competitive business environment in Haiti.
Minister Monazard’s remarks underline the Haitian government’s proactive measures to stimulate economic recovery through job creation, technological advancement, and strategic support for entrepreneurs. By focusing on infrastructure development, revitalizing the tourism sector, and promoting youth and women’s employment, Haiti aims to foster a sustainable economic rebirth. The continued support of legislation like the HOPE/HELP Act further highlights the commitment to enhancing market access for Haitian products.
Original Source: www.haitilibre.com
