WASHINGTON–(ENEWSPF)–January 21, 2010. The World Bank fully supports debt relief for Haiti. In June 2009, the World Bank, along with the IMF and other donors, granted Haiti $1.2 billion in debt relief through the Heavily Indebted Poor Countries initiative and the Multilateral Debt Relief Initiative. Since 2005, the World Bank’s financial support for Haiti ($363 million) has been carried out through grants. This does not include the $100 million in grants announced on January 13, 2010, in response to the earthquake.
