Cancel Debt Fast Days ofAction for Haiti

Make a Call to Congress this week! (script/talking points below) Capitol Switchboard (202) 224-3121 Not sure who your member of Congress is? Go hereBackground: Over half of the loans Haiti continues to pay were granted to corrupt and brutal dictators like Francois and Jean-Claude Duvalier. The Haitian people continue to pay interest on these loans of a clearly odious nature. This is money that could be used to invest in health care or education in a country where almost a quarter of children under five are chronically malnourished and only 35% of students are able to complete primary school. These loans divert over $57 million per year from a country where half the people struggle to survive on $1 a day or less. While the World Bank, International Monetary Fund and the Inter-American Development Bank have allowed Haiti to enter their debt cancellation programs they hold Haiti under the onerous framework of the Heavily Indebted Poor Countries (HIPC) Initiative. In the meantime Haiti will pay $110-140 million more in debt service to these institutions. read more