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    • News

    Haiti Earns Rebuilding Funding From IsDB, Taiwan

    By Ma. Rizza Leonzon // 01 March 2010

    The Islamic Development Bank has allocated USD5 million for the rehabilitation of schools in Haiti, Arab News reports. The massive earthquake in Haiti has prompted the bank to make an exception to its rules as it only finances aid efforts in member countries.

    Meanwhile, Taiwan’s International Cooperation and Development Fund is helping provide jobs for Haitian locals. The fund is teaming up with U.S. charity Mercy Corps to employ Haitian earthquake survivors to clean up the ruins and implement temporary construction work. The program “is different from the conventional ‘give and take’ method of aid disbursement,” an official at the fund told Central News Agency.

    “We believe this style of assistance will allow aid recipients to maintain dignity through self-help and regain peace of mind through stable jobs,” the official added.  

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    Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

    About the author

    • Ma. Rizza Leonzon

      Ma. Rizza Leonzon

      As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.

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