Despite much talk and announcements of debt relief for Haiti in the aftermath of the dramatic earthquake that hit the country last month, Eurodad’s new analysis, ‘’Haiti’s debt burden- the real story’’ by Murat Kotan, reveals that the country is still expected to pay back as much as $1.2 billion to the International Financial Institutions. Even before the earthquake, Haiti – with more than three quarters of its population living on less than 2$ a day – was expected to use almost one tenth of its revenue to pay back debts to the International Financial Institutions. With declining revenue and increasing debts, Haiti’s debt repayments will most likely swell well above one tenth of its revenues. If new debt relief is not delivered soon, prospects for recovery in Haiti will be dire.