Obama Requests USD2.8B Funding for Haiti

U.S. President Barack Obama is requesting USD2.8 billion in funding for Haiti from the U.S. Congress, Miami Herald reports. Obama’s request comes one week before the international donor conference in New York and is expected to pave the way for the global drive to mobilize funds for Haiti’s reconstruction.

The request involves funds to reimburse the approximately USD843 million that U.S. agencies already spent on relief efforts and money to support the reconstruction of Haiti’s government infrastructure. It also includes some USD219 million worth of debt relief and USD433 million funding for housing, energy, agricultural, industrial and infrastructure projects.

The assistance package, Miami Herald says, does not include the direct budgetary support that Haitian President Rene Preval requested during his visit to the U.S. earlier this month.

About the author

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    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.