"On April 15, the Haitian Parliament ratified a law extending by 18 months the state of emergency that President René Préval declared after the earthquake of January 12. The Parliament also formally ceded its powers over finances and reconstruction, during the state of emergency, to a foreign-led Interim Commission for the Reconstruction of Haiti (CIRH). The CIRH's mandate is to direct the post-earthquake reconstruction of Haiti through the $9.9 billion in pledges of international aid, including approving policies, projects, and budgeting. The World Bank will manage the money.
The majority of members on the CIRH are foreign. The criterion for becoming a foreign voting member is that the institution has contributed at least $100 million during two consecutive years, or has cancelled at least $200 million in debt. Others who have given less may share a seat. The Organization of American States and non-governmental organizations working in Haiti do not have a vote.
The CIRH is headed by U.N. Special Envoy Bill Clinton and Prime Minister Jean-Max Bellerive. The only accountability or oversight measure is veto power by Préval. Few expect him to employ his veto option, both because his record is not one of challenging the international aid apparatus, and because of possible repercussions, in terms of the dollar flow, by the CIRH."
Hat tip to LeBron.