Haiti’s Debt Officially Cancelled

I attended the official “signing ceremony” today canceling Haiti’s debt to the InterAmerican Development Bank– Haiti’s largest creditor. With a few pen strokes, around $450 million was wiped off the books, allowing Haiti to focus its money on rebuilding, not repaying old loans.

One of the US Treasury’s top officials gave ONE a nice shout out from stage for all we did to make this day possible.

It was only 9 months ago when the 7.0 earthquake devastated Haiti. Rebuilding continues slowly. But debt cancellation is nearly complete. Nine months is like a nanosecond in debt relief terms. We should all be proud of helping make this happen.