Breaking: World Bank waiving Haiti’s debt payments


Jan 21st, 2010 11:37 AM UTC
By Chris Scott

The World Bank just issued a press release announcing their intentions to waive Haiti’s remaining debt to it– approximately $38 million– for 5 years, with a note that they are at the same time “working to find a way forward to cancel the remaining debt.”

We’ll have more on this soon. You can read the full statement here.

TAGS: Earthquake in Haiti, Haiti, World Bank

Comments

  1. henrysays: Jan 21st, 2010 3:34 PM EST

    January 21, 2010 at 3:34 pm

    Great news! Let’s hope others who Haiti owes debts to will also come on board.

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