Brazil Becomes First Major Contributor To Haiti Reconstruction Fund

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Haiti Earthquake

From the Jamaica Observer:

WASHINGTON, USA — The World Bank says the Haiti Reconstruction Fund (HRF) has gathered momentum after Brazil contributed US$55 million to the multilateral mechanism set up to help the impoverished, French-speaking Caribbean Community (Caricom) country rebuild following the January 12 devastating earthquake.

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But the Washington-based financial institution said while Brazil is the first donor country to make such contribution, at least 14 other countries are expected to “chip in” to replenish the fund that has been in operation since April.

The World Bank said it had made an initial grant of US$189 million to the fund.

Haiti country director Yvonne Tsikata said confirmations of intent to date have come from donors such as Canada, Estonia, Norway, Sweden, Saudi Arabia and the United States.

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