Tuesday, December 16, 2008
IDB President Luis Alberto Moreno, has announced that, The Inter-American Development Bank will double its grants to Haiti to US$100 million for 2009 in order to help the Haitian government make vital investments in social and economic programs. Moreno, who is traveled to Port-au-Prince to meet Haitian President Ren Prval added that the IDB board of governors also approved US$14.15 million in interim debt relief for Haiti for the first half of 2009. "Haiti is the most fragile of our member countries. No other nationin Latin America and the Caribbeanis as vulnerable to economic shocksand natural disasters," Moreno said. |