According to Associate Press, French Finance Minister Christine Lagarde said she asked members of the informal club to speed up the process. The next meeting is Wednesday.

 

Though the Paris Club of creditor nations agreed in July to clear Haiti's remaining $215 million debt to club members, the process can still take years to finalize.  Club members agreed to cancel $62.7 million under the International Monetary Fund and World Bank's initiative for heavily indebted poor countries and another $152 million through bilateral deals.

 

Lagarde said Friday she is also asking nonmembers Venezuela and Taiwan, who are owed significant amounts by Haiti, to help in debt reduction.

 

the World Bank, IMF and Inter-American Development Bank cancelled $1.2 billion in debt last month. I hope the money did not benefit to the corruption in Haiti.