IDB stands by Haiti

IDB stands by Haiti

Loans Debt Caribbean

The Inter-American Development Bank (IDB) will still provide credit lines to Haiti, despite a deepening political crisis in the country. "Haiti is an important country for us as well as the Caribbean, so we are not going to drop support," said a loans source at the IDB. The source did not say if the IDB and other lenders could charge higher interest rates for loans to Haiti in the coming months. In January, the IDB approved a $125m grant for a water and sanitation project in northern Haiti, prov

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