Bernal. I will take the first shot on this one since I simply finished a week ago, 8 years on the board of directors of the Inter-American Advancement Bank. I can guarantee you that the Inter-American Development Bank in specific Go to the website has been very active and has offered substantial assistance across a variety of sectors (Which of the following can be described as involving direct finance). I believe that our big bro, the World Bank, has actually contributed, but I would venture to here recommend that there is scope for much more resources to be taken into the region. The concern here is that the Caribbean is categorized as middle income, developed nations and are for that reason omitted from particular concessional facilities and are not always viewed as a concern when it comes to poverty relief.
Sometimes it is one sector, tourist, and for that reason while they are middle income they are susceptible and need ongoing support. The U.S., I believe, has an important function in urging the advancement organizations to continue to play a function in the Caribbean. Mr. Farnsworth. Just a fast coda to that also. We have actually talked a little bit about the financial obligation overhang that affects the Caribbean and so there is a prospective future role, possibly not too far in the future, in regards to the worldwide banks maybe the IMF too to actually help overcome a few of those debt concerns in a significant and lasting method.
Mr. Duncan. We have time for a couple of more concerns. I believed it was going to be just the ranking member and myself. I am glad we had such active involvement. I am grateful you showed up. Brazil is concerned about tourism with regard to the Olympics. And tourist being such a huge part of the Caribbean nations' economy and a big part of the U.S. tourism headed there-- Zika. It has actually got to be on their minds. I guess I am worried about how much U.S. support will make it to the Caribbean nations and whether Zika is even an issue on the island countries themselves and what effect that may have on tourism, or expected effects.
Eric? Mr. Farnsworth. It is quite on the minds of the hemisphere neighborhood. You referenced Brazil and I believe that is absolutely proper. Although, in Brazil today it is the winter season and the mosquito population in the winter season tends to go down, therefore a minimum of we speak with the Olympic organizers that Zika will not be as much of a problem throughout this existing time of the Olympics, et cetera. However appearance, Zika is a problem across the region and certainly here in the United States too. As I describe in my ready remarks, it appears to me that this could be an easy win for the United States if we want to put it in those terms.
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We all have a very genuine reward to eliminate it as fast and as rapidly and as thoroughly as possible. So there is a great deal of good research study going on in the United States and other locations. When the vaccine or the right method to deal with Zika comes forward, why not, working with the Caribbean partners and others in the hemisphere have an extremely significant public health effort that impacts individuals where they live? I mean, this is the type of thing, these are the types of lessons we are discovering that are very efficient from other countries when they do it whether it is Venezuela, whether it is timeshare maintenance fee calculator China, whether it is other countries since this is what people require.
Ms. Yearwood (How to finance building a home). The Caribbean Hotel & Tourism Association, the Caribbean Tourism Company, the Caribbean Public Health Company, and the Pan American Health Company are all thoroughly included in attempting to deal with the Zika crisis not just at the global level however also at the tourism level. People acknowledge Zika as a singular problem that could affect the economy of the entire area and so they are extremely cognizant and working towards trying to consist of the threats and dealing with the vector management, et cetera. I believe to Eric's point, the ability of those agencies to have greater involvement by the U.S.
Mr. Bernal. Mr. Chairman, if you will permit me. Zika is an issue in itself, but it raises a much broader issue which is hemispheric and international pandemics. There are a lot of individuals walking around the region from the U.S., Canada, from the Caribbean-- numerous million a year-- that it is an interest of typical and mutual importance that we try to fight these pandemics. Early intervention is critical. The minute-- we need to have a fast-acting reaction to the possibility of pandemics. We understand, for example, that method back in the '60s when there was an outbreak of polio in Jamaica that for a reasonably small quantity of expenditure on preventive procedures, vaccines, we could have prevented a major human disaster.
It remains in our shared interest. How to finance an engagement ring. These are problems which are not nationwide or perhaps local. They are worldwide, and the only way to tackle them is by effective cooperation. In passing, let me say that the financial obligation situation is such that it is beginning to constrain the governments and their ability to do health and education which has long term unfavorable effects for advancement. If we could resolve the debt, and perhaps one of the locations to take a look at is to bring in foundations and advancement agents to take a look at debt-for-health swaps in which some of the financial obligation can be eased and that cash be put into preventive health care.
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Duncan. Thank you for that. I would be remiss if I didn't mention Haiti and Dominican Republic, and ask-- I will let you ask the question if you would like. Mr. Meeks. I would be remiss if I didn't ask about Haiti and the Dominican Republic. Mr. Duncan. So migration, economy, situation in Haiti with the government, if you all simply want to touch on that. Ms. Yearwood. That is opening a bunny hole, however there are a lot of possible ways to go at this question. Haiti is in a particularly interesting circumstance. As I discussed I was there for 13 years.
And whether it is with the Parliament or the government, crime is on the rise. Budget plan sensible, we understand the U.S. and European Union are not going to be providing money towards elections. Last I heard, there was no cash in the Haitian budget for elections, so in some way they need to discover 55 million to get to a set of elections that no one is certain, you know, if it can take place and if it will happen because of the deadlock on the ground there. What is a consumer finance account. How long can i finance a used car. That of course has repercussions on the DR-Haiti migration concern. If Haiti continues to slide downhill, it is going to be tough pushed for anyone to be able to stop the flight of migrants either to the Dominican Republic, the Bahamas, Turks and Caicos, Jamaica, and of course Florida and the United States.