South American nations approve $100 mn fund for Haiti

By IANS/EFE,

Quito : The leaders of the Union of South American Nations (Unasur) have approved a $100-million fund to help the quake victims in Haiti.


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The decision was taken at a meeting of the grouping here Tuesday. Unasur members will contribute to the fund equally.

The leaders promised help in the humanitarian work carried out by the Haiti government in collaboration with international and regional organisations.

In addition, the Inter-American Development Bank would give a $200-million loan on soft terms to Haiti.

More than 200,000 people were killed and about 1.5 million became homeless after the devastating earthquake in Haiti Jan 12.

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