Debt relief activists are praising the International Monetary Fund’s decision to cancel Haiti’s $268 million debt to the institution, but at the same time groups including Jubilee USA have criticized the IMF for continuing to give Haiti loans instead of outright grants. Earlier this week, the IMF gave Haiti a $60 million loan to help fund post-earthquake reconstruction efforts. Eric LeCompte of Jubilee USA said, “The role of the IMF in Haiti has been long criticized, and this new loan could set Haiti on the wrong path toward a new cycle of debt.”