By: Kim Ives – Haiti Liberte

Image by danny.hammontree via Flickr

After years of campaigns cajoling them to do so, three international banks announced on June 30 that were annulling what Haiti owes them, thereby cancelling 63% of Haiti’s $1.9 billion debt.
The World Bank and International Monetary Fund (IMF) are forgiving about $690 million of loans. The [...]