IDB donates $50 million for education in Haiti

Published on November 25, 2011 Email To Friend Print Version

WASHINGTON, USA — The Inter-American Development Bank (IDB) has announced the approval of a $50 million grant to support the education reform Haiti launched in 2010, seeking to expand access to free, quality education for all Haitian children.

The IDB has offered to support the ambitious five-year plan with $250 million from its own resources and to raise $250 million more from other donors. Among other goals, the reform calls for the construction of thousands of schools, training tens of thousands of teachers and free education for millions of children.

An initial grant for $50 million was approved last November and the IDB has worked to enlist other international agencies, bilateral donors, philanthropic institutions and companies interested in supporting education in Haiti after last year’s devastating earthquake. Counting the financial assistance provided by the IDB and its partners, the support now involves about $150 million.

Read more: http://www.caribbeannewsnow.com/haiti.php?news_id=8901&start=0&category_id=2

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