Kesner Pharel, one of Haiti’s leading economists, […] wants to talk about what will happen after the crisis ends, and how Haitians living in South Florida and elsewhere can help the country rebuild.
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Haitians abroad, he says, account for nearly $4 billion in remittances sent to Haiti. That’s more than the country’s current budget for this fiscal year, which stands at about $2.5 billion. It is also more than what the international community provides the government, which is less than $1 billion.
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Pharel acknowledges that most of the money being sent by Haitians living abroad ends up paying for food, schooling, medical care and funerals. Still, amid the sacrifices many are making to ensure there’s a social safety net in the country, there are those with disposable income who can invest.
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Among those in attendance will be representatives of Haiti-based firms looking for an injection of cash as well as the representative of the country’s only investment bank, Profin.
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As part of this year’s theme, “Haiti: Engaging the Progress, migration and remittances,” there will also be a look at the country’s relationship with the neighboring Dominican Republic, which exports about $1.4 billion in food and other goods to Haiti that Haitians often purchase with remittances. Haitians also accounted for some of the $10 billion in remittances the Dominican Republic received last year, according to its central bank. “Some of them have their kids going to school over there, or their family is over there because they cannot come to the States. So they are sending them money also,” said Pharel. The Dominican Republic “is benefiting quite a lot, not only from exporting goods to Haiti but also from Haitian families living over there and that is the reason I said, ‘Hey’ we’ve got to have a conversation with the diaspora.”
Miami Herald, Jacqueline Charles, 040624.
Adam Shatz in LRB on Jean-Pierre Melville (2019) via Shatz’s Writers and Missionaries: Essays on the Radical Imagination.
A friend, Melville said, is someone you can call in the middle of the night to “tell him, ‘Be nice, find your revolver and come immediately,’ and to hear him respond, ‘OK, I’m coming.’ Who does that for anyone?”
Artists use of LLCs. Example–Christo, also Radiohead, incorporate each project in a LLC; LLC allows investors to support a project.
NASA’s Scientific Visualization Studio released maps for the Eclipse, March 8, 2023, updated April 2, 2024. via NPR with safe eclipse viewing tips.
[Middle English remitten, to send back, from Latin remittere : re-, re- + mittere, to send.] ahdictionary.com