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 Temer Michel Temer Michel Miguel Elias Temer Lulia (; born 23 September 1940) is a Brazilian lawyer and politician serving as the 37th and current President of Brazil since 2016. He took office after the impeachment and removal from office of his predecessor Dilma Rousseff. He had been Vice President since 2011 and Acting President since 12 May 2016, when Rousseff was suspended while she faced an impeachment trial. At the age of 75, he is the oldest person to have taken the office. The Senate's 61–20 vote, on 31 August 2016, to remove Rousseff from office meant that Temer succeeded