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Momentum builds to cancel Haiti’s debt


momentum-builds-to-cancel-haitis-debt

Jan 28th, 2010 5:33 PM UTC
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Momentum is really now building to cancel Haiti’s $1 billion debt and give the country a clean slate as it begins reconstruction efforts.

Since we launched our campaign we’ve seen real progress, which is giving us hope that we can help score a success.

According to reports, Venezuela now plans to cancel its share of the debt. As we’ve reported, Haiti’s debt to Venezuela is approximately $295 million. This is an enormous step forward in Haiti’s path to full debt cancellation. Announcing the cancellation, Venezuelan resident Hugo Chávez is reported to have said, “Haiti has no debt with Venezuela – on the contrary, it is Venezuela that has a historic debt with Haiti.”

Adding to the increasing volume of calls asking world leaders to forgive Haiti’s debt, Canada’s Finance Minister Jim Flaherty yesterday argued that given Haiti’s current focus and priorities, the country should not be burdened by “liabilities of its past.” Flaherty specifically called on others to follow Canada’s lead of debt cancellation.

All of this is very encouraging, but we still have much work to do. So our attention is now turning to governments directly, especially those attending the G7 Finance Ministers Meeting next week.

Thank you to everyone who has taken action so far. With your help we really are making a difference.

TAGS: Debt Cancellation, Haiti, Spotlight

 

  1. Michael Clementesays: Jan 28th, 2010 7:26 PM EST

    28/01/2010 at 7:26 pm

    It’s great that all of these countries are comming together to help a country in need of ood water and shelter :)

  2. Michael Clementesays: Jan 28th, 2010 7:26 PM EST
  3. danilosays: Jan 29th, 2010 12:51 AM EST

    29/01/2010 at 12:51 am

    this should be remarked by every media that portrayed Chavez as a terrorist, as the devil, besides ideologys, he is a democratic man, elected by the people and with good ideas:

    http://comunicacionpopular.com.ar/chavez-condona-la-deuda-a-haiti-y-propone-que-el-alba-destine-100-millones-de-dolares-para-su-recuperacion/

  4. Marija Kursarsays: Jan 30th, 2010 1:43 PM EST

    30/01/2010 at 1:43 pm

    Bilo bi super kad bi svatko od nas shvatio da se to moze dogoditi i nama a ne samo ljudima na Haitiju.Razmislimo o tom…..

  5. Martina Bedregal Calderónsays: Jan 30th, 2010 3:28 PM EST

    30/01/2010 at 3:28 pm

    I agree to what Danilo is saying here.

    For me Hugo Chavez and his government in Venezuela have done and do good things , in their country as well as abroad. I wish we had some more men like Chavez in Latinamerica!

  6. yvonne somerville, lcswsays: Feb 11th, 2010 1:47 AM EST

    11/02/2010 at 1:47 am

    KEEP THE PRESSURE ON UNTIL HAITI’S DEBT IS CANCELLED, SO THE COMMUNITY CAN REBUILD.

  7. joseph nkotsays: Feb 22nd, 2010 11:21 AM EST

    22/02/2010 at 11:21 am

    it’s nice and normal for sensible people to cancel their debts towards haiti, for even if they didn’t haiti would have seldom reimbourse the debt. Great job Chavez.

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