More than half of US earthquake aid to Haiti went to US firms, organizations, study finds
By Trenton Daniel, Associated Press – Fri, Apr 5, 2013
In this March 15, 2013 photo, Haiti’s national flag flies outside parliament which was renovated by Chemonics International Inc., a for-profit international development company based in Washington D.C., in downtown of Port-au-Prince, Haiti. A new report on American aid to Haiti in the wake of that country’s devastating earthquake finds much of the money went to U.S.-based companies and organizations while just 1 percent went directly to Haitian companies. The obstacles blocking Haitian businesses from the contracts are many: they’re often not competitive because they may not be able to get the financing they need from local banks, and smaller firms also lack the resources to prepare time-consuming applications and pay for the lobbyists and lawyers needed to win contracts. (AP Photo/Dieu Nalio Chery)
PORT-AU-PRINCE, Haiti (AP) — A new report on American aid to Haiti in the wake of that country’s devastating earthquake finds much of the money went to U.S.-based companies and organizations.
The Center for Economic and Policy Research analyzed the $1.15 billion pledged after the January 2010 quake and found that the “vast majority” of the money it could follow went straight to U.S. companies or organizations, more than half in the Washington area alone.
Just 1 percent went directly to Haitian companies.