Haiti’s president asks foreign nations to ante up

Out-going Haitian President René Préval is urging donor countries to act quicker in disbursing the billions of dollars promised to Haiti for its recovery and reconstruction from last year’s massive earthquake.

Reconstruction after last year’s earthquake is estimated to need 10 years and cost $11.5 billion. Last March, the international community pledged more than $5 billion for reconstruction costs over the next two years.

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