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
Jean Michel Larrasket vice president for the French Basque Country in the Basque Studies Society from, a position he would hold until his death. Jean Michel Larrasket Jean-Michel Larrasket (, ) (22 May 1950 – 19 March 2018), was a French professor and engineer, as well as vice president for the French Basque Country in the Basque Studies Society. He was a promoter of several projects for the social and economic development of the French Basque Country, and he was also one of the founders of the "Eticoop" cooperative that promotes entrepreneurship in this geographical area. Larrasket's parents were from the town of