In a significant move to revitalize Haiti’s economy, the Bank of the Republic of Haiti (BRH) unveiled its latest initiative, ‘Booster PME III,’ during the 11th Entrepreneurship Forum in Cap-Haïtien on December 4th, 2025. BRH Governor Ronald Gabriel underscored the critical role of Small and Medium Enterprises (SMEs) as \”one of the most powerful levers for revitalizing the Haitian economy,\\” highlighting their contribution to approximately 25% of the nation’s GDP and their vital function in job creation.\n\nExecutive Riphard Sérent detailed the program’s ambitious scope, which targets support for 300 businesses across three distinct regions of Haiti. The initiative will focus on a diverse range of sectors deemed essential for economic growth, including agriculture, agribusiness, tourism, crafts, and the emerging digital services industry.\n\nThe comprehensive support framework of Booster PME III is built on multiple strategic pillars designed to foster sustainable business development. These include financial empowerment through facilitated access to capital, intensive training and technical mentorship for project leaders, and a strong emphasis on improving financial literacy in alignment with the National Education and Training Plan (PNEF). The program also prioritizes enhancing governance standards within SMEs and specifically champions businesses established or managed by women, addressing gender disparities in entrepreneurship.\n\nFurthermore, the initiative strengthens Haiti’s financial inclusion objectives under the National Financial Inclusion Strategy (SNIF) initiated in 2014, while also working to improve SME accessibility to formal financial markets. This third phase represents the culmination of a sustained effort by the BRH, which has been intensifying its support for Micro, Small, and Medium Enterprises (MSMEs) for over four years through training, financing, and sector-specific research.\n\nWith the successful deployment of all three Booster PME phases, the central bank projects that it will have supported nearly 500 MSMEs by the conclusion of the 2025-2026 fiscal year, demonstrating its ongoing commitment to delivering concrete solutions that stimulate local growth and contribute to Haiti’s broader socio-economic transformation.