Haiti Fund Launch

The World Bank says it has launched the Haiti Reconstruction Fund to help rebuild the quake-ravaged country.

The Bank says it will contribute additional funding of $189 million.

World Bank officials say the fund will benefit from at least 14 donor countries including Brazil, Canada, Estonia, Saudi Arabia and the United States. The fund was created to mobilise and allocate resources from the international community to support Haiti’s plan for recovery and development.

World Bank officials have promised public postings of construction spending and anti-corruption measures, while overseeing the multi-billion dollar rebuilding fund.

www.bbccaribbean.com

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