Monday, February 1, 2010

IMF to Haiti: Freeze Public Wages

 
 

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via Home on 1/27/10

Debt_forgiveness1
Picture Credit: deloitte.com

"It's time to stop having a conversation about charity, and start having a conversation about justice" says Richard Kim on Haiti's reconstruction and development. The country's vulnerability is not accidental. Since liberation from France in 1804, Haiti has been stymied by a relentless debt-burden. Recently, the IMF announced a new $100 million emergency loan.  But Haiti is already bound to $165 million in IMF debt, and limited to the conditionalities imposed along with it.

 


 
 

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