22642: (Craig) NYT: U.S. Says Haiti Needs $1B for Rebuilding (fwd)

[Bob Corbett <corbetre@webster.edu>]

From: Dan Craig <hoosier@att.net>


U.S. Says Haiti Needs $1B for Rebuilding
July 7, 2004
By THE ASSOCIATED PRESS
Filed at 6:21 p.m. ET

WASHINGTON (AP) -- More than $1 billion will probably be
needed to rebuild Haiti, the Americas' poorest country,
after its recent political upheaval, a senior Treasury
Department official said Wednesday.

John Taylor, the department's under secretary for
international affairs, offered the estimate as he prepared
to visit Port-au-Prince Thursday and meet with government
representatives to discuss their efforts to establish
economic stability in Haiti.

Taylor said a donors conference for Haiti reconstruction
will be held in Washington on July 20 at the World Bank,
which is currently working on a needs assessment for the
country. The money, he said, is needed to build roads and
schools and improve electric power, among other things.

On his trip this week, Taylor also plans to visit the
Dominican Republic, which is on the same island as Haiti.
He will discuss economic matters with government officials
in Santo Domingo, the republic's capital.

http://www.nytimes.com/aponline/national/AP-Haiti-Reconstruction.html?ex=1090242993&ei=1&en=40cac758d92ada75
Copyright 2004 The New York Times Company