Haiti: "Whatever the winner of the presidential election, the IDB is committed to Haiti, the Haitian people. This commitment is determined by the Board of Governors, the highest instance of the bank," he told the president of the Interamerican Development Bank (IDB) Luis Alberto Moreno.
sign of this commitment, the Board of Governors, said Moreno, has authorized a grant of $ 200 million per year over ten years in Haiti and voted to cancellation of 500 million dollars in debt the country owed the bilateral institution.
bank dedicated funding in the form of donation to the Haitian government in six areas including education, agriculture and create jobs through programs offering not gifts but loans to businesses private partnership with local banks.
In this partnership the aim is not to replace the local financial system but to find resources to help SMEs and large enterprises to create jobs, further explained that the Moreno institution has been criticized by some in the past because of the outbreak and the scattering of its funds whose impacts are not very noticeable.
The bank has a system for evaluating projects. Projects are evaluated before, during implementation and after completion to verify their impact, said the president of this institution whose cooperation with Haiti has always been constant.
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