Huge Part of Haiti’s Debt is Forgiven

July 2nd, 2009

The World Bank, the International Monetary Fund and the Inter-American Development Bank have cancelled most of the debt from struggling Caribbean nation of Haiti, the BBC reports. That move subtracts $1.2 billion from the country’s total debt of $1.9 billion. The debt relief was given because Haiti has begun to reform its economy and execute new measures to reduce poverty, according to the World Bank and IMF.

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Comments

mighty whitey Said on

When will the world learn that giving handouts to negro countries doesn’t work? Look at the billions that have been poured into Africa.



Mr Bond Said on

And its people like you that make it hard for people like us to get ahead you ignorant bastard



Theresa Said on

The underlying problem is not black or white. We should be wondering WHY??? What will be the final end game of this country? If the World Bank can eliminate debt WHY is the US still in debt? Also, what about the other countries? Remember that a bank has control over all monetary and controls the masses with debt. We are all slaves to the banks whether you’re black, white, hispanic or other really does not make a difference.



mighty whitey Said on

M. Bond – What do you mean “da po’ black man can’t get ahead”? What happened to “da prezidint beez black! da prezidint beez black!”?
And for the love of God would you people please find another word to abuse besides “ignorant”?