Posted by: Armel | January 30, 2010

HAITI Donations could reach $1billion

Just as almost every other Nation did, The Cameroonian head of state, Paul Biya, has approved sending a police contingent and a financial contribution of 500 million CFA in Haiti in crisis since the earthquake disaster. Despite the recession in the United States, donations came in at a faster pace than anyone imagined. All major International Organization pledged hundreds of millions of dollars in donations, and this could very well reach U.S $1billion.

With all the hoopla about the intended use of all the donations, and the real opportunities for the local population once all the attention fades away, it’s fair to question the commitment of the international community. Who’s really going to benefit from this huge donation pool ? After all, if France was so bend on helping Haiti survive economically during all these years of hardship, they could have simply cancel the public debt repayments, and invite others to do the same. But again, these are some of the facts about devoloping countries, that often fail to trigger a reaction until something of this magnitude occurs.

Armel Njeunou

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