NPR's David Welna reports on the problems facing Haiti's new government as it tries to rebuild the Caribbean nation's economy. Since taking office five months ago, President Rene Preval has had little success overcoming eighty percent unemployment, high inflation, and a barely functioning infrastructure. The congress has not approved a privatization plan, which is holding up hundreds of millions of dollars in loans. All of this, combined with a crime wave and worries about the former army, make foreign investors reluctant to take a chance on Haiti.
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