Sunday, April 14, 2024

Report: Haiti needs US$1.2 billion for reconstruction


Share post:

Port-Au-Prince — Haiti would need an estimated US$1.2 billion to deal with the initial damage caused by the August 14 earthquake, according to an initial impact assessment report discussed on Monday during a technical steering committee meeting chaired by Prime Minister Ariel Henry.

The meeting was attended by senior government ministers as well as representatives of the Tripartite Partnership involving the United Nations, the European Union and the World Bank.

Henry spoke also of the availability of the Inter-American Development Bank (IDB) which is at the forefront, alongside other national and international stakeholders, in the planning of post-earthquake reconstruction.

“We have the firm will to orient reconstruction on the path of sustainable development,” he said, encouraging all local and international actors to work rigorously in order to provide the government and its partners with adequate tools to better frame their interventions for the benefit of the earthquake victims.

The meeting formed part of the assessment of damage, losses and post-earthquake needs 2021, in the Southern Peninsula (PDNA-2021 / Post Disaster Needs Assessment).

The United Nations Deputy Resident Coordinator in Haiti, Maureen Bermingham said she saw this exercise as an opportunity not only for the physical reconstruction of the country but also for social reconstruction.

The World Bank Resident Representative in Haiti, Msellati Laurent, in his remarks, confirmed the readiness of his institution to align with the proposals that will be made by the partners of the United Nations and also the European Union and the IDB.

He said that following the first satellite impact assessment, the results showed that the damage caused by the earthquake would require the disbursement of US$1.12 billion.

The technical steering committee has six weeks to finalise the preliminary version of the PDNA, produce the physical and economic reconstruction plan for the southern peninsula and organise the meeting of donors in order to have funds to finance the plan.

“It is essential that each actor has in mind the objectives that we have set for ourselves, along with the six week deadline to complete the entire process and begin to provide, with serenity and speed, lasting responses to this disaster,” Henri said. (CMC)


Please enter your comment!
Please enter your name here

Related articles

New route gets thumbs-up

Some bandleaders have given the new route for this year’s Grand Kadooment parade a passing grade. The new route was announced...

US shoots down Iranian drones bound for Israel

The US has shot down Iranian drones headed to Israel after Iran launched its retaliatory attack early on...

Iran launches retaliatory strikes toward Israel

Iran has launched a wave of retaliatory strikes toward Israel, fueling fears of regional escalation following an apparent Israeli attack...

T20 World Cup trophy in Barbados

The countdown to the start of the 2024 the ICC Men’s T20 Cricket World Cup continues. Today marks 50...