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France could give money back to Haiti

By Hicbd
Tue Feb 7 2023 11:13 am

"Surrounded by French gunboats, a newly independent Haiti was forced to pay its slaveholders reparations. You read that correctly. It was the former slaves of Haiti, not the French slaveholders, who were forced to pay reparations... In July 1825, the French King, Charles X, sent an armed flotilla of warships to Haiti with the message that the young nation would have to pay France 150 million francs to secure its independence, or suffer the consequences...The French economist Thomas Piketty resurrected the idea in 2020, arguing that France owes Haiti at least $28 billion."

URL:
https://www.npr.org/sections/money/2021/10/05/1042518732/-the-greatest-heist-in-history-how-haiti-was-forced-to-pay-reparations-for-freed
https://en.wikipedia.org/wiki/External_debt_of_Haiti

URL Credit

Categories:
Government Debt / Spending / Budgeting Haiti International Monetary Fund (IMF) Developing Countries France

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