27th May 2009
Port Au Prince, Haiti
Haiti wins $600 million private sector investment to alleviate extreme poverty and protect Food Security
Ambassador Hope, Chairman of Prosperity Studios inc has agreed to provide Haiti with a $600 million investment to transform Food Security and Economic Development in Haiti.
President Rene Preval will partner with Ambassador Hope in an International Public/Private partnership that implements the UN Policy (signed by 191 world leaders at the UN World Summit in September 2005). The policy commits groups of countries to focus on innovative sources of financing through an International Finance Facility that Prosperity Studios has assembled the partners for 16 Social Transformation Programs to empower the poorest of the poor.
The Program ‘The President’s Legacy - Hope on HAITI’ will provide:
a) 10 Economic Development Centers (one in each Department to include micro-enterprises and Cooperatives).
b) Safe accommodation for 60,000 orphans, caregivers, teachers and nurses in 10 Children’s Villages
c) Focused crop production to alleviate Food Security challenges
The terms will include:
1) Existing debt with the World Bank and IMF to be written off.
2) A 13 month guarantee to be provided by US Government, French Government or other acceptable Organization for $300 million.
3) Investment will be in the form of a Forgivable Loan with no capital or interest payments to be made if the Program is implemented as agreed. Real time auditing will be mandatory as part of the anti-corruption policy to ensure that the investment benefits at grassroots level.
President Obama can sign an Executive Order for the Economic Stabilization Fund (ESF) to provide financial mechanism enabling the Private sector to invest $600 million in transforming Food Security and Economic sustainability for Haiti. The issue of $300 million in Treasury Bonds, notes or guarantees in June 2009 (which will expire 13 months after their issue). These bonds will allow the US Government to support the Private sector to invest $600 million of funds.
President Sarkosy of France could also issue a Decree and Foundations such as the Bill and Melinda Gates Foundation, Hilton Foundation or Rockefeller Foundation are equally able to support this critical investment at low cost and no risk to their funds.
Ambassador Hope says” Haiti is at the ‘Tipping Point’, the combined effects of extreme poverty due to deforestation, loss of Haitian pigs, HIV/AIDS, food security and Hurricane Hanna have created a profound hopelessness and despair”.
She states “It is time to invest in the human assets of Haiti and transform their quality of life through a stakeholder model that is beyond aid, beyond trade and into empowerment. The begging bowl has stripped Haitians of their dignity and self respect..…through cooperation and collaboration we can restore the economy, improve sustainability and give Haitians the opportunity to co-create a better future”.
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#Poverty Alleviation #Economic Stimulus #Empower the Poor
#Ambassador Hope #Haiti #President Preval # Economic Development
#Hollywood #Social Media # Barack Obama # President Sarkosy
Queen of Green is a global green cooperative brand,a network of green stakeholders from 29 diverse sectors who share a common goal of transforming their world. We unite 29 stakeholder groups to cooperate and collaborate to implement 14 Socialdevelopment Programs that will improve the quality of life for 200 million of the world's poor. Ambassador Hope developed the new Foreign Empowerment Policy for President Obama, Organizing for America and the G20 leaders. Ambassador Hope has developed a Social Investment Portfolio of 14 programs to empower the poor in 70+ countries. She passionately believes in empowering the talent and skills of the poorest of the poor to become green and sustainable. By integrating the development process to ensure energy, food, and health security is combined with education and micro-enterprises for economic security it is possible to mobilize millions of citizens to be the change they want to see in the world.