Monday, January 18, 2010

A Jubilee for Haiti

I did not know that, in 2009, Canada "forgave" Haiti for $2.3 million in debt. I haven't done the research to see if Haiti owes any money to Canada still.

Haiti owes many countries millions of dollars from its long legacy of colonialism and dictatorship. And while million of people around the world are giving their money to the country, the IMF is instead increasing Haiti's existing loan program by $100 million to help it recover from the earthquake.

There is legislation being considered in the United States that would forgive Haiti of its debt so it can finally face a future unburdened by its past.

I so hope it catches interest and passes. I don't want to wait until 2051 for a Jubilee.