Haitian Times Morning News Roundup

Taiwan’ $ 150 million available without going through Haiti’s parliament

Taiwan has loaned  $ 150 million to Haiti to finance electrical infrastructure, Prime Minister Joseph Jouthesaid.

The loan, however, has not been ratified by the parliament, which dragged on for more than a year before the legislators’ term run out. 

Meanwhile, in the energy sector, projects are taking shape. “I work on several files. There are calls for tenders in progress, “said Jouthe who did not go into detail. A natural gas-fired power plant is also on the table, he added.

“The Taiwanese government made the loan through EximBank to the Ministry of Finance, through the BRH. The amount is available ”, said the Governor of the BRH, Jean Baden Dubois. It is the same loan agreement not ratified in Parliament for which other methods of obtaining were found, he explained.

President Jovenel Moïse, who promised 24 hourelectricity across the country at the start of his five-year term, had to contend with a decline in the distribution of electricity.

The state recovered the Varreux power plant from the Sogener company. The power station has since struggled to operate. “If Varreux worked well, since this is no longer the case today, it is its managers who roam about,” said TPTC Minister Nader Joiséus in an interview last month. Continue reading.

Haitian Times

Haitian Times

The Haitian Times was founded in 1999 as a weekly English language newspaper based in Brooklyn, NY.The newspaper is widely regarded as the most authoritative voice for Haitian Diaspora.
Haitian Times
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Jul. 07, 2020

ONE COMMENT ON THIS POST To “Taiwan’ $ 150 million available without going through Haiti’s parliament”

  1. Romario St Georges says:

    I think that loan is stupid , how many times y’all going to give Haiti money with nothing is being done . How about y’all take a portion of the country and rebuild it . Haitians are stupid and ignorant they just putting us in more debts . We should stop taking loans from these bloodsuckers .

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