Economy March 8, 2024 - 10:15 am

IDB commits $160 Million aid package to Haiti’s crisis

Punta Cana.- The Inter-American Development Bank (IDB) has declared a commitment of $160 million to be allocated as aid to Haiti, addressing the pressing political and humanitarian crisis unfolding in the country.

Ilan Goldfajn, the President of the IDB, outlined that the donation is intended to mitigate the escalating economic and social challenges exacerbated by armed gangs, instilling fear, death, and tension among the population.

During the Annual Meeting of Governors of the IDB, a private session was convened to deliberate on the organization’s actions and potential interventions for Haiti.

Goldfajn, in discussions with journalists during a break in the plenary session, emphasized the need for collaborative thinking to respond effectively to the crisis. He revealed that the organization has directed the allocation to be distributed in the areas of food, health, and education, demonstrating solidarity with the heightened situation, notably marked by the recent assaults on several prisons in Port-au-Prince.

Acknowledging the critical state in Haiti, where armed gangs facilitated the escape of 3,600 inmates following attacks on prisons, the president of the IDB expressed a firm awareness of the urgency surrounding the situation.

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