Tuesday, March 23, 2010

Haitian PM Downplays Aid Corruption Worries

BY RIO DE JANEIRO

Jean-Max Bellerive, Haiti's Prime Minister

Haiti's Prime Minister Jean-Max Bellerive is downplaying worries about corruption as aid flows into his nation.

And he said Tuesday at the U.N. world Urban Forum that a budget gap of $350 million this year must be quickly met if his earthquake-hit nation is to provide even the most basic services.

The Haitian government has been accused of ineffectiveness and corruption in its response to the earthquake so far. But Bellerive said debt cancellations by some nations and multilateral lenders are proof that corruption is under control.

The Inter-American Development bank forgave its $479 million debt to Haiti this week. Venezuela canceled more than $200 million.

Bellerive said they erased the debt because of transparency, "not because they love Haiti."

Haiti is hoping to receive $11 billion at a March 31 U.N. donors conference in New York.

Source: BusinessWeek

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