Progress :o)
May 31, 2010
According to CNN:
The World Bank has canceled Haiti’s $36 million debt, the institution announced Friday.
Haiti owed the money to the International Development Association, the World Bank’s fund for the poorest countries. The nation, wracked by a devastating earthquake on January 12, now does not owe any more money to the World Bank.
[. . .]
The debt cancellation was made possible by contributions from Belgium, Canada, Finland, France, Germany, Ireland, Italy, Japan, Netherlands, Norway, Spain, Sweden and Switzerland, the World Bank said.
http://edition.cnn.com/2010/WORLD/americas/05/28/haiti.world.bank.debt.canceled/index.html?hpt=Sbin
Thank you (most of) Europe, Japan and Canada! But where’s the UK and USA? Thought they were a big part of the world economy. . .?
