On June 8, 2017, the World Bank issued a press release announcing that its Board of Executive Directors had approved a $20 million grant to assist Haiti in the rebuilding of roads and bridges damaged across much of the southern region by Hurricane Matthew.
The $20 million grant is part of a larger $100 million package of support organized by the International Development Association. According to the news release, the funds will be primarily used to assist in paying for the nearly $2.2 billion in assessed post-Matthew reconstruction needs.
The funds will also go towards helping Haiti build a more robust civil protection agency that’s better equipped to respond to disasters.
The international financial institution’s emergency response has already assisted Haiti in many key social and economic sectors, including agriculture, education, energy and health. A list of key improvements by sector can be found in the official press release.
The World Bank is scheduled to make a decision on the remaining $80 million sometime in the near future.
