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World Bank-managed Haiti aid fund only 20 percent full
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Washington DC, United States of America
Washington DC, United States of America

World Bank-managed Haiti aid fund only 20 percent full

Published on : 15 July 2010 - 9:55am | By International Justice Desk (Photo: RNW)
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A 500-million dollar pledge of aid for Haiti quake relief promised three months ago is only 20 percent full, the World Bank said Wednesday.

"We have for the (Haiti Reconstruction) Trust fund 98 million," the bank's vice president for Latin America, Pamela Cox, told reporters in a video conference.

Cox said that so far Brazil had donated 55 million dollars, Norway 31 million, Australia 8.6 million, Colombia 3.2 million and Estonia 50,000 dollars.

The 500 million dollar fund is part of a five-year, 10 billion dollar relief package donor countries agreed to provide for Haiti in late March, half of which was pledged for disbursement in the first two years.

"Many of the big donors to Haiti have not yet got the money in," said Cox, adding that the aid funds are often tied up in recession-hit national budgets.

Nevertheless, she called on donor countries "to make decisions faster."
"I'd like to have most of the money by the first anniversary" of the earthquake, on January 12, 2011, Cox said.

Cox, however, said the pledges were coming in at a normal pace, recalling that donor pledges made after the devastating 2004 tsunami in Asia took up to two years to arrive.

The World Bank official said the rest of the donations pledged in March were coming in on a bilateral basis between Haiti and the donor countries.

Some 250,000 people were killed and 1.5 million left homeless when the earth shook on January 12, unleashing a trail of destruction on the capital, Port-au-Prince.

Haitians on Monday marked the first six-months after the disaster with growing impatience at the slow trickle of aid and the crawling pace of reconstruction, with experts predicting it could take 20 years just to clear the rubble from the streets.

According to the United Nations office in Haiti, nearly 4,000 small homes have been built in a project that anticipates building some 10,000 houses.

Cox admitted "the pace of reconstruction has not been as rapid as we would have hoped."

(Source: AFP)

 

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