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The Financial Express

Haiti’s PM steps down amid fuel price hike protests

| Updated: July 16, 2018 11:03:27


Haiti's Prime Minister Jack Guy Lafontant - AP photo Haiti's Prime Minister Jack Guy Lafontant - AP photo

Haitian Prime Minister Jack Guy Lafontant resigned on Saturday as he faced a non-confidence vote after a move to lower fuel subsidies prompted days of violent protests in the impoverished Caribbean nation.

In a speech to the Lower Chamber that was broadcast live on television, Lafontant defended his tenure but said that Haiti’s President Jovenel Moise had accepted his resignation.

“As I told you, I am at service to the Republic,” Lafontant said.

Earlier this month, the Haitian government announced a reduction of fuel subsidies as part of an agreement with the International Monetary Fund (IMF), according to a Reuters report.

The move translated to a 38 per cent rise in gasoline prices and 47 percent hike for diesel, triggering protests during which demonstrators barricaded roads, looted stores and set cars ablaze in the capital, Port-au-Prince.

The unrest caused embassies to close and airlines to suspend flights to Haiti for days.

Lafontant announced a temporary reversal of the policy in a bid to quell the demonstrations, but the protests continued. A no-confidence vote in his leadership had been scheduled for Saturday, according to the Miami Herald.

The IMF said on Thursday that it expects Haiti to create a revised reform plan that will include a gradual lowering of fuel subsidies.

A medical doctor and political novice, Lafontant became prime minister in March 2017 with ambitious plans to boost agricultural production, improve infrastructure and expand access to clean water.

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