Saturday, March 20, 2010

Findings from Government's PDNA Official Report Launched


The Official report of the PDNA committee was launched in Santo Domingo on March 17th by President Rene Preval and set the price for Haiti's reconstruction and long term development at US$11.5billion. This amount is to be spent as: 59% for the social sectors, 17% for infrastructure, including housing, and 15% for the environment and risk and disaster management.

The total value of damage and losses caused by the January 12 earthquake is estimated at US $7,863 million , which is the equivalent of about more than 120% of the 2009 gross domestic product (GDP).
Most damage and losses have been experienced by the private sector ($5,491 million or 70%), while the public sector part is $2,374 million (or 30% of the total).


Among the many priorities, the PDNA report calls for investment in young people by ensuring the reopening of schools for children and by allowing young adults to take part in the reconstruction of the country.

A high level UN meeting to take place in New York on March 31st will be calling on donor countries to pledge their financial support to meet the funding required.

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