Tuesday, April 09, 2013

Haitian companies do not benefit much from rehabilitation efforts

Haitian companies do not benefit much from rehabilitation efforts: Despite providing millions of dollars in aid to the French-speaking Caribbean Community (CARICOM) country following the 2010 earthquake, a new report has found that most of the funds given by the United States made its way back to US-based companies and organisations.

The Center for Economic and Policy Research said only one per cent of the US$1.5 billion pledged went directly to Haitian companies.

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