Wednesday, December 8, 2010

USAID Announces New Commitment to Haitian Private Sector

At a press conference today, United States Agency for International Development (USAID) delegates Andrews Shaver and Kim announced a new $500 million initiative for Haiti earthquake relief, which will focus on both building indigenous state capacity and the private sector.

Shaver added that in addition to these efforts, physical infrastructure commitments are also needed to house offices for government personnel as a first step to building state capacity.

The efforts of USAID -- the U.S. government agency responsible for providing economic and humanitarian assistance around the world -- in Haiti have been hampered by a Senate hold-up of committed funds for earthquake relief.

Refusing to comment on the consequences of the months-long freeze, the delegates only said that the newly-released funds have been authorized for nurturing economic growth in Haiti's private sector.

No comments:

Post a Comment