Haiti
After the Jan. 12 earthquake, the IDB pledged to provide Haiti more than $2.2 billion in grants over the next decade to fund its recovery efforts and long-term development plans, working closely with the Haitian government and the international community. The Bank’s Board of Governors also agreed to cancel all of Haiti’s outstanding debt.
President Preval also gave the Inter-American Development Bank the mandate to work with the Education Ministry and the National Commission preparing a major reform of the Education System in a 5-year plan.
Read more about this topic: Inter-American Development Bank
Famous quotes containing the word haiti:
“For four hundred years the blacks of Haiti had yearned for peace. for three hundred years the island was spoken of as a paradise of riches and pleasures, but that was in reference to the whites to whom the spirit of the land gave welcome. Haiti has meant split blood and tears for blacks.”
—Zora Neale Hurston (1891–1960)