Haiti has been handed a nine billion dollar cheque, that’s around seven and a half billion euros, to fund its long term recovery. The money was pledged following the international donors conference at the United Nations on Wednesday.
The money is made up of a short term injection of just over five billion dollars in the next two years, outstripping expectations – while some 120 countries pledged a longer term commitment totaling nine billion.
That was three billion short of what had been hoped for. The country’s president challenged his people to grasp this lifeline.
“We must take advantage of this opportunity that we now have and I appeal to my fellow Haitians to understand the effort that has now been made by the rest of the international community and the responsibility that we have in the interest of our country to respond rapidly and appropriately,” said Rene Preval.
At the core of the conference’s decisions was the setting up a of a commission to coordinate and distribute the money while one agency stressed the funding must not be taken from other humanitarian projects. With over a million still homeless and the rainy season approaching, Haiti remains in desperate need of this new aid.