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IDB to boost Haiti's energy sector

Published:Saturday | June 29, 2013 | 7:08 AM

The Inter-American Development Bank (IDB) yesterday said it would provide a US$25-million policy-based grant to support the institutional transformation and modernisation of Haiti’s energy sector.

The resources include US$22 million from the IDB Grant Facility and US$3 million from the Haiti Reconstruction Fund.

The IDB said the grant is the third in a series of three policy-based operations focused on providing budgetary support to the government of Haiti as it carries out energy policy reforms.


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