The years-long effort by such organizations as the Jubilee USA Network and the U.S. Conference of Catholic Bishops to relieve Haiti of its $1 billion debt got a boost on Feb. 5, when Treasury Secretary Timothy Geithner announced that the United States would work to see that the impoverished Caribbean nation’s indebtedness was forgiven. Dominique Strauss-Kahn, managing director of the International Monetary Fund, said on Jan. 20 that the I.M.F. would discuss with donors ways to “delete all the Haitian debt.” The actions are significant because Haiti must focus all of its financial resources toward recovery and rebuilding large segments of the country that were destroyed during the earthquake on Jan. 12.
Earthquake Prompts Haitian Debt Relief
Show Comments (
)
Comments are automatically closed two weeks after an article's initial publication. See our comments policy for more.
The latest from america
A touring relic will give the faithful in Washington and seven states a rare opportunity to venerate St. Thomas Aquinas, one of the greatest Christian theologians.
Brian Strassburger, S.J., a Jesuit priest serving migrants at the U.S.-Mexico border, joins “Jesuitical” this week to talk about what the election of Donald J. Trump might mean for his ministry.
“Laudato Si’” and its implementation seem to have stalled in the church. We need to revivify our efforts—and to recognize the Christological perspectives of our care for creation and our common home.
Around the affluent world, new hostility, resentment and anxiety has been directed at immigrant populations that are emerging as preferred scapegoats for all manner of political and socio-economic shortcomings.