The government is reassuring Jamaicans that a number of financial contingencies are in place to tackle natural disasters should they occur.
Chief Fiscal Economist in the Ministry of Finance, Terron Francis, says over US $700 million, is readily available.
Jamaica is exposed to several natural disasters including hurricanes, earthquakes and flooding. Mr Francis explains that the funding aims to cover both pre and post disaster measures.
Terron Francis, Chief Fiscal Economist in the Ministry of Finance.
He was speaking during the National Natural Disaster Risk Financing Policy Public Consultation in downtown Kingston on Wednesday,
The National Natural Disaster Risk Financing Policy Public Consultation will continue in Sam Sharpe, Square Montego Bay, St James on Wednesday, May 24.
