World
World Bank head holds out hope for Haiti
Posted: Nov 7, 2012 1:40 PM
Updated: Nov 7, 2012 1:42 PM
PORT-AU-PRINCE, Haiti (AP) The World Bank's new president is wrapping up a two-day visit to Haiti.
Jim Yong Kim spent his first trip to Latin America and the Caribbean as the World Bank representative at a meeting with Haitian President Michel Martelly and other officials.
They signed agreements for $125 million for energy and infrastructure projects. One agreement aims to increase Haiti's power supply for 600,000 people in urban and rural areas. The second, for $35 million, seeks to finance a debris management site and an air safety navigation system at the international airport.
Kim also announced that the World Bank will be offering one-year rentals for 60,000 people displaced by the devastating 2010 quake for 15 months along with vocational training.
His first trip to Haiti in six years ended Wednesday.
