IMF providing funds to Haiti
Mar 15, 2013
WASHINGTON, CMC – The International Monetary Fund (IMF) is providing Haiti with US$7.4 million after completing a review of the country’s performance under the Extended Credit Facility (ECF) earlier this month. The IMF said that the disbursement brings the total disbursements under the programme to date to US$54.1 million. Haiti signed the ECF in July 2010 and the debt relief, financed by the Post-Catastrophe Debt Relief (PCDR) Trust Fund, and IMF financing are part of a broad international strategy to support Haiti’s longer-term economic reconstruction plans, following the January 2010 devastating earthquake.
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