Economy of Haiti of limited infrastructure and a lack of security. In 2005, Haiti paid its arrears to the World Bank, paving the way for reengagement with the Bank. Haiti received debt forgiveness for over $1 billion through the Highly-Indebted Poor Country initiative in mid-2009. The remainder of its outstanding external debt was cancelled by donor countries following the 2010 earthquake but has since risen to over $600 million. The government relies on formal international economic assistance for fiscal sustainability, with over half of its annual budget coming from outside sources. The Michel Martelly administration in 2011 launched a campaign aimed at drawing
Michel Martelly electoral law. The Haitian government faced months of protests over the delayed elections. Haitian Prime Minister Laurent Lamothe resigned on 14 December and was replaced by Evans Paul. But street protests have continued, with renewed calls for the president's resignation. On 13 January 2015, the parliament was dissolved after its term expired and four days later, a thousands of protesters in the capital of Port-au-Prince demanded the president's resignation. Police used tear gas and water cannon to disperse the crowd. Martelly urged protesters to keep order and said he had reached a deal with the opposition to form a consensus