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Haiti receives $90 million in grants

The Inter-American Development Bank is committed to providing Haiti unprecedented support over the next decade to help the country recover from the devastating January 12 earthquake. To that end, the IDB’s Board of Executive Directors has approved three key operations totaling $90 million in grants.

A $50 million grant will provide budgetary support directly to the Haitian government, helping it meet urgent payments and backing its efforts to reestablish key functions of its tax bureau and its customs service.

Another grant, for $30 million, will finance a program to relocate some 5,000 families currently living in tent camps in high-risk areas of Port-au-Prince to a new community with housing and basic sanitary services.

The third operation is a project to provide to water and sanitation services in villages in the Artibonite, Haiti’s main agricultural region, using a $10 million grant from the Spanish Cooperation Fund for Water and Sanitation in Latin America and the Caribbean, which is playing a major role in expanding these services across the country.