Prosperity Studios inc
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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”.
Media contact: hope@hope.gs
Email: hope@prosperitystudios.net
Videos: www.youtube.com/
Photo:
http://www.prlog.org/
