The IDB is committed to Haiti and its people

"Whatever the winner of the presidential election, the IDB is committed to Haiti, the Haitian people. This commitment is determined by the Board of Governors, the highest instance of the bank," he told the president of the Interamerican Development Bank (IDB) Luis Alberto Moreno. Sign of this commitment, the Board of Governors, said Moreno, has authorized a grant of $ 200 million per year over ten years in Haiti and voted to set aside $ 500 million of debt that the countries owed the bilateral institution. The bank spends funds as a grant to the Haitian government in six areas including education, agriculture and create jobs through programs offering not gifts but loans to private companies in partnership with local banks . In this partnership the aim is not to replace the local financial system but to find resources to help SMEs and large enterprises to create jobs, has also said Moreno, whose institution has been criticized by some in the past because of the breakup and dispersal of its funds whose impacts are not very noticeable. The bank has a system for evaluating projects. Projects are evaluated before, during implementation and after completion to verify their impact, said the president of this institution whose cooperation with Haiti has always been constant.