Haiti will receive $ 57 million from the United States and 20 million from the World Bank, according to announcements made Tuesday in Washington at a conference of donors for the country’s poorest continent.
“Haiti is at a very important, even critical,” said the head of the government of Haiti, Michele Pierre-Louis, on the twenty States and multilateral institutions met at the bedside of his country.
Haiti, a victim of last summer’s four hurricanes and tropical storms, saw its economy decline by 15% in 2008, while GDP grew by 3.5% last year, said Pierre-Louis, who has need $ 125 million to balance its budget.
Ms. Pierre-Louis has ensured that the country had learned from his mistakes and corruption that belonged to the past.
“We put the pressure to reduce spending and increase revenue,” she said.
Like an echo, the UN Secretary General, Ban Ki-moon, said that the leaders of the island had “a clear vision for the future.”
The United States will give 57 million to Haiti, announced U.S. Secretary of State Hillary Clinton. This aid is to finance programs against drug trafficking (2 million), reconstruction of infrastructure (20 million), debt (20 million) and food programs (15 million).
Meanwhile, the World Bank President, Robert Zoellick, has pledged $ 20 million in Port-au-Prince, in addition to funds that have already been planned during the next two years, bringing the total to 80 million.
Mr. Zoellick said that his institution was working with local authorities and the International Monetary Fund (IMF) to ensure that these funds go directly to the fight against poverty.
The Director General of the IMF, Dominique Strauss-Kahn, said that the country would receive by the end of June a debt reduction of nearly one billion dollars from his institution and other creditors.
This reduction will “reduce the debt service of the country from 35 to 40 million per year, freeing up resources for the fight against poverty and expenditures that support growth,” said Strauss-Kahn.
“The Haitian people need security and they deserve. The country needs to strengthen its infrastructure, especially roads,” said Mrs. Clinton. But both countries can “move forward or fall back,” warned Mrs. Clinton, who is scheduled to visit Haiti on Thursday.
