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    • News

    IMF Head Suggests Creation of Multilateral Aid Plan for Haiti

    By Ivy Mungcal // 21 January 2010

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    International Monetary Fund Managing Director Dominique Strauss-Kahn has urged the international community to prepare a multilateral aid plan for Haiti that is similar to the U.S. Marshall Plan for European recovery after World War II,

     reports. Haiti needs a comprehensive and not a piecemeal approach to recovery, he noted.

    IMF has earlier pledged a USD100 million interest-free loan to the country. Strauss-Kahn said the institution is also working to have all of Haiti debts with other countries canceled.

      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

      • Ivy Mungcal

        Ivy Mungcal

        As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.

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