Rep. Gregory Meeks <http://www.house.gov/meeks/> , a New York Democrat who chairs the Subcommittee on International Monetary Policy and Trade, convened a hearing as his office explores legislation that could help give Haiti's private sector a boost. The challenges are numerous. Most Haitian enterprises operate in the informal sector, with only an estimated 10 percent contributing to the tax base. The country relies heavily on foreign aid and remittances. Haiti ranks No. 151 out of 183 countries in the World Bank's Ease of Doing Business Index <http://www.doingbusiness.org/economyrankings/
Report from Operation HOPE –
This week Operation HOPE has a team on the ground in Hati, in follow up to our recent commitment through the Clinton Global Initiative, exploring ways we can help advance our financial literacy empowermen and silver rights movement, on-the-ground there.