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Haiti is a lower income economies coming under the Latin American and Caribbean region as to the classification made by the World Bank on the basis of income and region for the year 2006.
Initiatives undertaken by the international organizations such as International Monetary Fund, World Bank and Inter-American Development bank for raising private sector participation have only resulted partial success. Among various sectors, the services constitute the highest share followed by agriculture.
Major Agricultural products of the country are sugar, rice, cocoa and tobacco. Important industries in the country are textiles, cement and sugar refining.
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