Reuters: IMF Cancels Haiti Debt, Approves New $60 Million Loan
International
Monetary Fund member countries on Wednesday canceled the $268 million
debt Haiti owed to the IMF and approved a new loan worth $60 million to
boost international reserves in the earthquake-hit nation.
The IMF said in a statement that both steps will help Haiti's reconstruction efforts following the devastating January 12 quake, which destroyed the capital Port-au-Prince and left 1.5 million people homeless.
Read the entire article here.
The IMF said in a statement that both steps will help Haiti's reconstruction efforts following the devastating January 12 quake, which destroyed the capital Port-au-Prince and left 1.5 million people homeless.
Read the entire article here.
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