Haiti Place Haiti - Economy: $27 million grant from IDB to improve transportation

News Information

  • NEWS_POSTED_BY: Haiti Place
  • NEWS_POSTED_ON: May 24, 2015
  • Views : 641
  • Category : Haiti News
  • Description : Haiti Libre, 21/05/2015 13:11:55
  • Location : Haiti
  • Website : http://www.haitilibre.com/en/news-13948-haiti-economy-$27-million-grant-from-idb-to-improve-transportation.html

Overview

  • The Inter-American Development Bank (IDB) has approved a $27 million grant to help modernize and improve the management of Haiti’s roads and ports, key sectors that are fundamental for the country’s economic development and integration.

    The grant is the second in a series of three programmatic Policy Based Grants (PBGs) that provide the Haitian government with budget support for policy, legal and institutional reforms of government agencies. This grant includes measures aimed at modernizing and strengthening road sector management to improve planning, maintenance, road safety, construction and rehabilitation of roadways. It also covers modernization of maritime sector management, including policy and legal reforms governing the country’s ports.

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