Haiti : World Bank cancels Haiti's debt


going above and beyond
Jun 18, 2004
north philly ghetto
retired computer geek
World Bank cancels Haiti's debt
(AFP) – 5 hours ago
WASHINGTON — The World Bank said Friday it had cancelled Haiti's remaining debt to help the impoverished country recover from a devastating earthquake four months ago.
Haiti, the poorest country in the Western Hemisphere, will not have to repay 36 million dollars owed to the International Development Association (IDA), the bank's fund for the poorest countries, the Washington-based institution said in a statement.
"Haiti now has no further amounts payable to the World Bank," it said.
The IDA debt cancellation was made possible by contributions from 13 member nations: Belgium, Canada, Finland, France, Germany, Ireland, Italy, Japan, The Netherlands, Norway, Spain, Sweden, and Switzerland.
Shortly after the massive earthquake in January flattened the Haitian capital of Port-au-Prince, the 186-nation World Bank announced it had suspended repayment of the IDA debt and would seek to cancel it.
"Relieving Haiti's remaining debt is part of our effort to pursue every avenue to help Haiti's reconstruction efforts," Robert Zoellick, president of the World Bank, said in the statement.
"We will continue to work in close cooperation with the Haitian government and our international partners to support the country's recovery and longer-term development."
The World Bank noted it has made available 479 million dollars in grants to support Haiti's post-quake recovery and development through June 2011 and is also the trustee of the multi-donor Haiti Reconstruction Fund.



Watch Her Flow
Mar 22, 2004
Where the Niger meets the Nile
When whites come into our neighborhoods talking about post tragedy development, what does it mean?

Well then.


Watch Her Flow
Mar 22, 2004
Where the Niger meets the Nile


Well-Known Member
Feb 1, 2005
StreetNationEarth: Seattle
The Meek !Shall! Inherit the Earth.
good to see this cancelled ... but like river, i wanna ask "what's the catch?"
"Tbe defessus of cupiditas quod Romanorum gestum munia"
and in English this means...
<grin> highlighting the phrase, right clicking on the highlight and selecting "search web for ..." yields a google page with four hits. the first one is info's post. the following stuff comes from the second hit. didn't see "Romanorum" in that list, but it sort of looks like some variation of "Romans" or "of Roman" or something. almost it wants to say something to me, but i'm kinda tired.


defessus : weary, tired.

cupiditas : ambition, avarice, party spirit, eager desire.

cupiditas : greed.
quod : (neut. sing. acc.) (the sea), WHICH you cannot drink dry.

quod : (+ comparative) the x the better (quod celior = the faster the.

quod : (beginning sentence) and, but, now.

quod : (neut. sing. nom.) (the war), WHICH killed so many.

quod : (with time) since, as far as, to the extent that.

quod : because, whereas, the point that, the fact that.

gestum (gero) : carriage, bearing / having borne.

gestum (gero) : carrying about, conduct (oneself).

munia : tributes, gifts, payments.

Consciousness Raising Online!

Latest profile posts

sekou kasimu wrote on willa's profile.
What exactly is your ideology?!
I'll be honest. I like black culture forums, so I've signed up for this one, BX, and Lipstick Alley. I won't post too often, only on things that I'm really interested in. Nice to meet you. :)
Ms Drea wrote on butterfly#1's profile.
Hi Sister,
Miss you so much I hope all is well with you and yours!!
Love and Blessings!! :heart: :heart:
You can skip rocks across water but if you're not building yourself up rock solid, you'll drown under pressure.
Fireman wrote on Queenie's profile.
Hi, Queenie. Love your posts. Even though I don't you, you must be some kind of remarkable and lovely person. Lets keep in touch.