Seven Years After Devastating Earthquake, Haiti Struggles with Debt ‎and Hurricane Matthew Recovery

Syndicated from post here.

Haiti’s debt approaches $2 billion dollars as it recovers from Hurricane Matthew and remembers the devastating earthquake that shattered the country seven years ago. After the 2010 earthquake, most of Haiti’s debt was wiped out following a campaign led by Jubilee USA. $300 million in Haiti’s debts were cancelled through a specially created International Monetary Fund (IMF) trust to aid low-income countries struck by natural disasters. 

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