The years-long effort by such organizations as the Jubilee USA Network and the U.S. Conference of Catholic Bishops to relieve Haiti of its $1 billion debt got a boost on Feb. 5, when Treasury Secretary Timothy Geithner announced that the United States would work to see that the impoverished Caribbean nation’s indebtedness was forgiven. Dominique Strauss-Kahn, managing director of the International Monetary Fund, said on Jan. 20 that the I.M.F. would discuss with donors ways to “delete all the Haitian debt.” The actions are significant because Haiti must focus all of its financial resources toward recovery and rebuilding large segments of the country that were destroyed during the earthquake on Jan. 12.
Earthquake Prompts Haitian Debt Relief
Show Comments (
)
Comments are automatically closed two weeks after an article's initial publication. See our comments policy for more.
The latest from america
As we grapple with fragmentation, political polarization and rising distrust in institutions, a national embrace of volunteerism could go a long way toward healing what ails us as a society.
I forget—did God make death?
you discovered heaven spread to the edges
of a max lucado picture book
The joys and challenges of a new child stretched me in ways I couldn’t have imagined.