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Billions of dollars pledged to build a new Haiti
Published in Saudi Press Agency on 31 - 03 - 2010

The world's richest countries and the World Bank today pledged billions of dollars in response to Haiti's
presentation of plans for the recovery and reconstruction of the
earthquake-ravaged nation, according to dpa.
The United States pledged 1.5 billion dollars, which Secretary of
State Hillary Rodham Clinton said will go towards "supporting the
government of Haiti's plan to strengthen agriculture, energy, health,
and security and governance."
"The global community also must do things differently," she told
the UN donors' conference in New York. "It will be tempting to fall
back on old habits - to work around the government, rather than work
with them as partners - or to fund a scattered array of projects,
rather than making the deeper, long-term investments that Haiti
needs. But we cannot retreat to failed strategies."
The European Union pledged a total of 1.6 billion dollars from
contributions from the group's 27 members and the European
Commission.
The World Bank would commit 250 million dollars in new funding for
Haiti, bringing its total to 479 million dollars through June 2011.
That includes a cancellation of all outstanding debt that Haiti owes
the global lender.
In addition to new funding, many governments promised to cancel
Haiti's debt in order to help it recover from the January 12
earthquake, which levelled most of Port-au-Prince and some adjacent
towns, causing losses and damage estimated at more than 7 billion
dollars.
Haiti, with the assistance of international experts from the UN
and banking institutions, called for 3.9 billion dollars for
activities in the next 18 months and a total of 11.5 billion dollars
to cover a 10-year plan that would build a new society and
government. The reconstruction involves using earthquake-resistant
materials and architecture.
The conference apparently had already met funds for the short-
term, 18-month period. A decision was also taken to set up a Multi-
Donor Trust Fund to manage the funds coming from governments and
banks.
The World Bank will also manage the global Haiti Reconstruction
Fund for donor nations that was set up by the Caribbean country's
government.
"This is a chance to do things differently," said World Bank
President Robert Zoellick. "It's not just about how much money is
raised, it's about delivering real results on the ground for the
Haitian people through good governance and effective cooperation by
donors."
But as pledges were coming in during the debate, UN Secretary
General Ban Ki-moon reminded participants that a flash appeal for 1.4
billion dollars in humanitarian assistance to Haiti, launched in
February, had received only 49 per cent. The new pledges heard on
Wednesday were directed at both the short- and long-term plans.
Haitian President Rene Preval and Prime Minister Jean-Max
Bellerive presented plans for rebuilding their country, agreeing to
taking measures to disburse the new funds effectively and with
discipline and transparency.
"On territorial reconstruction, our objective is unequivocal,"
Bellerive said. "We must arrive at redeploying the population over
the territory."


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