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Fact Sheet

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Haiti and the World Bank:  Key Figures

· Total lending:  Since Haiti joined the World Bank in 1953, the World Bank has approved 37 projects for a total of $629.1 million.  While the first loan, in 1956, was from the International Bank for Reconstruction and Development (IBRD), all other financing has been channeled through the Bank’s soft-loan arm, the International Development Association (IDA).

· Breakdown of lending (1953-2001):

SectorNumber of projects Amount in US$ mn 

 Transport 

 9

 143.0

 Power

 5

 104.6

 Economic recovery

 2

 80.0

 Forestry & Agriculture

 4

 54.8

 Employment

 1

 50.0

 Education

 5

 47.1

 Rural Development

 2

 29.1

 Health

 1

 28.2

 Water Supply

 2

 26.6

 Urban Development

 1

 21.0

 Industry

 2

 18.4

 Technical Assistance

 2

 15.0

 Economic & Social Funds

 1

 11.3

 Total

 37

 629.1*

*Of these approved loans, US$528.3 million was disbursed, with US$100.8 million
 never becoming effective or having been canceled.

· Assistance since 2001 (year in which all IDA disbursements and most grants were suspended): 
o Post-Conflict Fund grants for emergency health interventions and a community-driven development pilot:  $3.5 million

· Haiti’s arrears to IDA as of July 10, 2004:  $45.7 million

Haiti and the World Bank: Key Dates

September 1953Haiti joins the International Bank for Reconstruction and Development (IBRD)
May 1956The Bank approves its first IBRD loan to Haiti ($2.6 million for a Highway Maintenance Project)
June 1956Haiti joins the International Finance Corporation (IFC)
June 1961Haiti joins the International Development Association (IDA)
November 1962The Bank approves its first IDA credit to Haiti ($0.4 million for an Interim Highway Project)
1970 - 1991During this period, the Bank approves IDA credits to Haiti totaling $452.6 million for 30 projects
Lending is suspended following the military coup
1991 - 1994Lending is suspended following the military coup
1994 - 1997The Bank reactivates suspended projects and approves new IDA credits to Haiti totaling $173.5 million for 5 projects
January 1995The Bank convenes a Consultative Group (CG) meeting for Haiti in Paris
September 1996A 3-year Country Assistance Strategy for Haiti is presented to the Board. A Forest and Parks Protection credit is approved.
December 1996Haiti joins the Multilateral Investment Guarantee Agency (MIGA)
January 1997The Bank opens its first office in Port au Prince
1997The Bank publishes a Public Expenditure Report on Haiti
1998The Bank publishes a Poverty Assessment Report on Haiti
1999The Bank prepares a Country Procurement Assessment Report on Haiti
January 2001 - March 2001All IDA disbursements and most grants to Haiti are suspended.
June 2001 - December 2001The country office is closed and operations are managed out of Santo Domingo. Haiti is placed on non-accrual status with the Bank and the last two loans (for forest protection and roads) close.
February 2002The Operations Evaluation Department of the Bank publishes an independent review of Bank assistance to Haiti from 1986-2001
September 2002The World Bank Task Force on Low Income Countries Under Stress (LICUS) calls for a new approach to assist countries like Haiti
January 2003The Haiti Country Brief presenting a new approach to Haiti is discussed at an Informal Board Meeting. It is the first LICUS pilot.
July 2003 - November 2003The Bank fields re-engagement missions to Haiti and steps up dialogue with the authorities on an economic governance reform agenda and resolving arrears to IDA
November 2003The Bank begins disbursing grant assistance to Haiti through the Post Conflict Fund, the only Bank resources available to the country
December 2003 - February 2004Civil unrest increases in Haiti. Armed insurrections in Haiti culminate in the departure of President Jean-Bertrand Aristide
March 2004A Transitional Government is installed in Haiti.  The Bank chairs an informal donors meeting in Washington where it is agreed in consultation with the Transitional Government to launch a joint government/donors assessment of the country’s recovery needs 
April 2004 - July 2004The Transitional Government, the World Bank, the United Nations, the European Commission, and the Inter-American Development Bank coordinate the preparation of the needs assessment (the Interim Cooperation Framework) with other donors, international and national experts, and civil society
July 19 2004 - July 20 2004The Bank co-hosts with the EC, UN and IDB a ministerial-level donors pledging conference for Haiti



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