Ongoing gang violence and insecurity continue to undermine preparations for Haiti's first national elections in over a decade, scheduled for August 30 and December 6, 2026. Recent steps include the Provisional Electoral Council's April postponement of voter and candidate registration to align with a national political pact, followed by the prime minister's May statement that security conditions fall short for an August vote, though he aims for completion by year's end. These setbacks, alongside funding shortfalls and institutional fragility, sustain trader uncertainty near even odds. Potential shifts hinge on measurable security gains through training programs and international support, successful registration resumption, or further disruptions from escalating conflict and political fragmentation.