Haiti to receive Bank finance and debt reliefIn late March, the World Bank announced a three-year programme of financial support for Haiti totalling $479 million, which includes cancellation of its $39 million debt to the Bank. At an April conference donors set up a reconstruction fund which is to be fiscally managed by the Bank, despite NGOs stressing the need to coordinate reconstruction through Haiti's government. Kim Ives of newspaper Haiti Liberté argues the proposed multi-donor trust fund means that the Haitian government will be "under the complete supervision of foreign 'donors'. The World Bank distributes the reconstruction funds to projects it deems worthy." This text may be freely used providing the source is credited. This page is: <http://brettonwoodsproject.org/art.shtml?x=566144> Published: 16 April 2010 , last edited: 23 April 2010 Viewings since posted: 944 |
Articles: 2881 Επίκεντρο η Ελλάδα (Greek language articles)
Recent briefings & reports
Submission on the World Bank and IFC to DFID's multilateral aid review 2 September 2010
Update on the Climate Investment Funds: July 2010 summary 27 July 2010
Social insecurity: The financialisation of healthcare and pensions in developing countries 16 July 2010
Human rights (the World Bank way) 18 June 2010
Clean energy targets for the World Bank: Time for a recount 14 May 2010
IMF mandate needs fundamental rethink 11 May 2010 Newswire |
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