The World Bank Group’s involvement in Haiti has focused on reconstruction and development. The country has suffered deterioration from Western slavery and imperialism, ceaseless civil unrest, decades of the extreme poverty, and devastation from a series of natural disasters. Following its satisfaction for the requirements of domestic, economic, and social reforms, Haiti was granted a total of US $1.2 billion in 2009 by reaching the finishing point under the Heavily Indebted Poor Country (HIPC) debt relief initiative approved by the Boards of the International Development Association (IDA) and the International Monetary Fund (IMF). In response to the catastrophic earthquake in Haiti in January 2010, the IDA waived the country's remaining US $36 million debt in May, and the World Bank made US $479 million available for Haiti's recovery from the earthquake and development through June 2016.