Opinion
Haiti must ensure that mineral wealth benefits its’ people
Monday, July 2, 2012
Haiti is reportedly on the cusp of a gold rush, with exploration proceeding apace for an estimated US$20 billion worth of precious minerals buried beneath the soil.
(More: Haiti: Country’s fortune changes as huge gold, copper deposits anticipated)
This is a great opportunity, but also a challenge for a country such as Haiti. The potential tax revenues that could be generated from mining copper, silver and gold are enormous. However, ensuring that a fair proportion of the revenue generated ends up benefiting the people of Haiti is far from a foregone conclusion.
Haiti must ensure a fair share of the money benefits its people.
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