Last Friday, the U.S. Treasury Department announced its support for relieving Haiti’s international debt. Debt relief for Haiti will free up financing for the country to recover from the January 12th earthquake and rebuild its shattered infrastructure.
U.S. Treasury Secretary Timothy Geithner has pledged to work with other donor agencies to alleviate this debt burden on Haiti. He said:
The earthquake in Haiti was a catastrophic setback to the Haitian people who are now facing tremendous emergency humanitarian and reconstruction needs, and meeting Haiti’s financing needs will require a massive multilateral effort… Today, we are voicing our support for what Haiti needs and deserves — comprehensive multilateral debt relief.
Full story here.
