HAITI-ECONOMY-World Bank says mining can help Haiti reduce poverty

WASHINGTON, CMC – Mining is one way to reduce poverty and promote economic growth in Haiti. This is according to the World Bank which states t hat while mining is a “complex sector”, when managed in a transparent and sustainable fashion, this sector could be beneficial to the nation. The Washington-based financial institution said this is one of the main conclusions stemming from Haiti’s first Mining Forum held under the auspices of Haiti’s Council of Economic and Social Development (CESD) with support from the World Bank, the Ministry of Economy and Finance and the Ministry of Public Works. “This event marks a seminal step towards a shared vision of mining development in Haiti,” said Deo Ndikumana, World Bank’s senior country officer for Haiti.