haiti debt relief

haiti debt reliefSec. 1008. (a) For an additional amount for “Contribution to the Inter-American Development Bank”, “Contribution to the International Development Association”, and “Contribution to the International Fund for Agricultural Development”, to cancel Haiti’s existing debts and repayments on disbursements from loans committed prior to January 12, 2010, and for the United States share of an increase in the resources of the Fund for Special Operations of the Inter-American Development Bank, to the extent separately authorized in this chapter, in furtherance of providing debt relief for Haiti in view of the Cancun Declaration of March 21, 2010, a total of $212,000,000, to remain available until September 30, 2012.(b) Up to $40,000,000 of the amounts appropriated under the heading “Department of the Treasury, Debt Restructuring” in prior Acts making appropriations for the Department of State, foreign 124 STAT. 2330 operations, and related programs may be used to cancel Haiti’s existing debts and repayments on disbursements from loans committed prior to January 12, 2010, to the Inter-American Development Bank, the International Development Association, and the International Fund for Agricultural Development, and for the United States share of an increase in the resources of the Fund for Special Operations of the Inter-American Development Bank in furtherance of providing debt relief to Haiti in view of the Cancun Declaration of March 21, 2010.