Washington: The World Bank on Thursday announced an additional $100 million in emergency grant fund to Haiti for recovery and reconstruction efforts at the Caribbean nation rocked by a devastating earthquake on Tuesday.
"This is a shocking event and it is crucial that the international community supports the Haitian people at this critical time," said World Bank President Robert B Zoellick.
"The World Bank is mobilising significant financial assistance and sending a team to help assess damage and reconstruction needs. Our thoughts are with the people of Haiti, our staff, and our UN colleagues," Zoellick said.
The multilateral development lender is also sending experts to work with the government and its international partners to assess losses and plan for reconstruction.
The World Bank is also planning to provide seed resources to establish the Haiti Reconstruction Fund, a multi-donor trust, to mobilise international support for reconstruction process, it said.
Earlier in the day, the International Monetary Fund said it is ready to assist Haiti.
"I am confident that the international community will mobilise quickly to offer support to help this nation," he said in a statement.
"This is a shocking event and it is crucial that the international community supports the Haitian people at this critical time," said World Bank President Robert B Zoellick.
"The World Bank is mobilising significant financial assistance and sending a team to help assess damage and reconstruction needs. Our thoughts are with the people of Haiti, our staff, and our UN colleagues," Zoellick said.
The multilateral development lender is also sending experts to work with the government and its international partners to assess losses and plan for reconstruction.
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The World Bank is also planning to provide seed resources to establish the Haiti Reconstruction Fund, a multi-donor trust, to mobilise international support for reconstruction process, it said.
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Earlier in the day, the International Monetary Fund said it is ready to assist Haiti.
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"I am confident that the international community will mobilise quickly to offer support to help this nation," he said in a statement.
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