Bill 118 hr 5614, also known as the Haiti Economic Lift Program Extension Act of 2023, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to extend the Haiti Economic Lift Program, which was originally established to promote economic development and stability in Haiti.
The bill seeks to extend the authorization of the Haiti Economic Lift Program for an additional five years, until 2028. This program provides assistance to Haiti in the form of grants, loans, and technical assistance to support economic growth, job creation, and poverty reduction in the country.
The Haiti Economic Lift Program Extension Act of 2023 also includes provisions to strengthen accountability and oversight of the program, ensuring that funds are used effectively and efficiently. It requires regular reporting to Congress on the progress and impact of the program, as well as measures to prevent fraud and abuse.
Overall, the goal of this legislation is to continue supporting Haiti in its efforts to build a more stable and prosperous economy, ultimately improving the lives of its citizens. The bill has received bipartisan support in Congress and is expected to be passed into law in the near future.