Aid agencies worldwide are responding to the crisis in Haiti. It’s typical of Christian Aid that it is looking beyond the immediate crisis and addressing the underlying issues that have helped create the crisis that country faces.
Haiti currently owes $890m, owed mostly to the International Monetary Fund (IMF) and the Inter-America Development Bank. Christina Aid argues that this is unacceptable. And while the World Bank’s announcement on Friday that it will waive repayments for five years marks welcome progress on this issue, what Haiti needs from the Bank and the IMF is concrete commitment that all its debts will be cancelled in full.