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Haiti\'s tax revenues drop

Published:Tuesday | March 23, 2010 | 2:22 PM

The International Monetary Fund (IMF) says Haiti has seen its tax revenues halved since January\'s massive earthquake.



The IMF says the country needs urgent help to fill a gaping hole in its budget.



According to the Fund, the January tax collection was only 20 per cent of last year’s figure.



Meanwhile, tax collected in Haiti in February and the first half of March was 55 per cent less than anticipated.