The WORLD BANK made announcements stating that they CANCELLED Haitis remaining debt this past Friday to help assist the impoverished country recover from its massive injuries.

Haiti will no longer be expected to pay back the $36 million dollars owed to the International Development Association (IDA).

The president of the World Bank, Robert Zoellick stated, Relieving Haitis remaining debt is part of our effort to pursue every avenue to help Haitis reconstruction efforts.

The IDA debt cancellation was made possible by contributions from 13 member nations: Belgium, Canada, Finland, France, Germany, Ireland, Italy, Japan, The Netherlands, Norway, Spain, Sweden, and Switzerland.

Now HAITI can work on rebuilding, strengthening their economy, and planting seeds for long term benefits.