Haiti

World Bank Approves Loan

On 2 June, the World Bank approved a US$ 121 million loan package for the country. The scheme aims to help the country through a variety of measure that includes infrastructure construction, agricultural development and reducing the impact of natural disasters. On the economic front, the outlook for economic growth continues to weaken, as an adverse international climate as well as the difficulties associated with the damage caused by last year's storms will likely cause the economy to remain sluggish.