The Inter-American Development Bank, IDB, says it provided nearly US$23.4 billion in new financing approvals, commitments and private-sector mobilisations for Latin America and the Caribbean last year, one-tenth of which flowed to Haiti.

In a statement, the IDB said the funds, which included distributions by its private-sector arm, IDB Invest, beat the previously reported initial estimates for financial assistance to the LAC, and that the figure reflects additional and updated numbers, including commitments and mobilisations, partnerships, and grants to French-speaking Haiti.

Haiti received US$245 million last year, four times the US$60 million doled out in 2020 and more than double the US$119 million deployed in 2019.

https://jamaica-gleaner.com/article/business/20220209/haiti-gets-record-idb-funding-2021