EU Sends US$135 Million

EU Sends US$135 Million
March 2, 2010 Administrator
million

2390666040_2e6b0a9a78_mRockcohen/Flikr

EU Sends US$135 Million. 2 March 2010

The European Union said it would start paying quake-stricken Haiti a first tranche of 100 million euros (US$135 million) in promised aid on Tuesday to help the government pay salaries, rebuild schools and repair roads.

The EU, one of Haiti’s largest donors, committed over 300 million euros in initial aid following the devastating earthquake in January that killed more than 200,000 people in the Caribbean nation, the poorest in the Americas. This first envelope will be disbursed from now until May,” the European Commission, executive arm of the 27-nation EU, said in a statement. The amount will be used to rebuild government buildings and key state infrastructure. It will provide budget support to help pay salaries, rebuild schools and fix main roads around the capital, Port-au-Prince. (Reuters)

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