WASHINGTON: The International Monetary Fund (IMF) on Monday approved $105 million in emergency aid for Haiti. mired in humanitarian crises for a long time which has been affected by recent global inflation.
The fund should help Caribbean countries. “Support those most affected by rising food prices through feeding programs and money transfers and supplies to vulnerable households,” IMF deputy managing director Antoinette Sayeh said in a statement.
The money was released through the IMF’s “Food Shock Window,” which opened in late September for a period of one year.
The measure is used to provide quick access to emergency funds for states facing food insecurity. This is especially true in the event of an unexpected shock in grain imports or a sudden increase in prices.
“With more than half of the population living below the poverty line, Haiti faces a terrible humanitarian crisis,” the IMF said. and stating that countries in the Caribbean are still facing “Health crises” in the form of cholera epidemics and “Serious Security Issues”
“Haiti is facing a terrible humanitarian crisis. and was hit hard by the economic impact of Russia’s invasion of Ukraine,” Zayeh said.
comment
FB.AppEvents.logPageView();
};
(function(d, s, id){ var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) {return;} js = d.createElement(s); js.id = id; js.src = "https://connect.facebook.net/en_US/sdk.js"; fjs.parentNode.insertBefore(js, fjs); }(document, 'script', 'facebook-jssdk'));