Prime Minister, Dr. the Most Hon. Andrew Holness, has outlined a multi-layered strategy for Jamaica’s quick recovery, following the passage of Hurricane Melissa. The major storm is expected to make landfall as a category four or five hurricane, bringing winds of more than 100 miles per hour, and heavy rainfall over the entire country, causing flooding and landslides.
The Prime Minister, in a national address on Sunday (October 26), said the Government created a comprehensive multi-layered disaster risk financing framework that will ensure a quick and effective post-disaster response.
“We have the National Natural Disaster Risk Fund and the Contingency Fund, which we will use to start the relief and recovery process. Beyond these, there are additional layers of insurance protection that are triggered once specific impact thresholds are met, along with contingent credit facilities,” Dr. Holness said.
