The international community pledged to cover the fiscal shortfall Haiti was facing this year, one of the main objectives set out for the summit held this week in Punta Cana, in the Dominican Republic. “It was a major concern for the Haitian government, due to the abrupt shortfall in fiscal income caused by the tragedy, that [...]
Continue reading...Thursday, June 3, 2010
Dominican President Leonel Fernandez said that the World Bank will set up a fiduciary trust to receive the international community’s donations to be used in Haiti’s reconstruction, following January’s devastating earthquake. “Those nations, those organizations that desire to work through the World Bank in the execution of their projects can contribute to the creation of this [...]
Continue reading...Wednesday, June 2, 2010
Dominican President Leonel Fernandez said that Haiti needs US$262 million from the International community before September to meet this year’s fiscal obligations. “At this time, for the Haitian authorities to be able to function adequately, they require support to be able to meet their budget needs in the amount of 262 million dollars. The monies need [...]
Continue reading...Wednesday, June 2, 2010
Dominican President Leonel Fernandez said that Haiti is ultimately the country that needs to ensure the international community fulfills its pledges to help the neighboring nation recover from January’s devastating earthquake. Yet, Fernandez said that the Dominican Republic is willing to do all it can to help Haiti follow up on those promises. “It is the government [...]
Continue reading...Wednesday, June 2, 2010
Dominican President Leonel Fernandez said that Summit for Haiti, held in Punta Cana this week, aims to translate the international community’s pledges into concrete and measurable actions that effectively help the neighboring nation recover from January’s devastating earthquake. Fernandez, who is the event’s host, said that this week’s meeting is the culmination of a series of [...]
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Thursday, June 3, 2010
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