WASHINGTON, (CMC) – The World Bank says as of May this year, its portfolio in Haiti amounts to US$1.25 billion comprising 18 active projects of which 38 percent is allocated to the infrastructure sector, supporting territorial balances and climate change adaptation.
The announcement by the Washington-based financial institution follows the visit last week of a high-level delegation that visited the French-speaking Caribbean Community (Caricom) holding discussions with Prime Minister Dr. Ariel Henry and other stakeholders.
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According to a World Bank statement, the delegation led by Ayat Soliman, regional director for strategies and operations, and including Lilia Burunciuc, country director for the Caribbean, renewed the continued commitment of the World Bank Group to the socio-economic development of Haiti and also discussed future engagements with the country.
It said consultations were held with the various stakeholders, including representatives of the Haiti Central Bank on the potential priorities under a new Country Partnership Framework that will guide WBG support to Haiti’s development efforts over the next five years.
The framework builds on the achievements and lessons from the ongoing programmes of the World Bank Group.
“Thanks to significant financial and technical support from the World Bank Group, we have made remarkable progress in the areas of governance, agriculture, education, health coverage, and disaster management, and access to basic infrastructure such as rural transport, water and sanitation,” said Finance Minister, Michel Patrick Boisvert.
“This new partnership framework should enable the World Bank Group to continue to engage effectively with the country for the next five years. For us in the government, these consultations ensure that the new partnership framework is well aligned with the needs of the country and our identified priorities,” he added.
