World Bank eyes US$100 million in aid to Haiti

The World Bank should have provided that money years ago. So that Haiti would have had better structures that wouldn't have collapsed so easily. Too little, too late.

in reference to:

"The World Bank said on Wednesday that it planned to provide an additional US$100 million in emergency aid to Haiti to help the impoverished country cope with a devastating earthquake. "This is a shocking event and it is crucial that the international community supports the Haitian people at this critical time," Robert Zoellick, president of the 186-nation development lender, said in a statement. "The World Bank is mobilizing significant financial assistance and sending a team to help assess damage and reconstruction needs. Our thoughts are with the people of Haiti, our staff, and our UN colleagues." The World Bank and other major multilateral financial institutions rallied to lend desperately needed assistance to the poorest country in the western hemisphere, where a powerful quake virtually flattened the capital Port-au-Prince on Tuesday, raising fears the death toll could reach 100,000. The Inter-American Development Bank, another Washington-based institution, announced late Tuesday US$200,000 for emergency assistance for Haiti, which can be used to provide food, potable water, medicines and temporary shelter."
- channelnewsasia.com - World Bank eyes US#dollar;100 million in aid to Haiti (view on Google Sidewiki)