Haiti's largest creditor, the Inter-American Development Bank, announced last month that it would cancel US$ 479 million owed to it by Haiti. Even if it is well overdue, this cancellation is great news.
Unfortunately though, the IMF still has not cancelled the US $271 million owed to it by Haiti despite public outcry. More pressure needs to be put on the Irish Minister for Finance and on the Canadian Government (who represent Ireland at the executive board of the IMF) to cancel the debt immediately and unconditionally.
Haiti may have dropped from the headlines but its debt has not. Email the Canadian Finance Minister Jim Flaherty (jflaherty@fin.gc.ca) and urge him to ensure Haiti's debt is fully and unconditionally cancelled. Please CC Minister Lenihan (minister@finance.gov.ie), Minister Martin (minister@dfa.ie) and Minister Power (peter.power@dfa.ie) when you send your email.
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