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
2011 in Nigeria 2011 in Nigeria Events in the year 2011 in Nigeria. The year 2011 is a distinguishing year for Nigeria. The year entails several events that define the progress of the country and its future. These events include: the 2011 budget bill, the general election, and activities of the current government. The 2011 budget was prepared by the president of the country and his executive committee. It was indeed a test of the unelected president who took over power due to the death of his predecessor Umaru Musa Yaradua, who died on 5 May 2010. The 2011 budget was the first