Jamaica to develop financial policy for disaster risk

Source(s)
Jamaica Observer, the

KINGSTON, Jamaica — Minister of Finance and the Public Service, Dr Nigel Clarke, says Jamaica will develop a Public Financial Management Policy for Natural Disaster Risk prior to the end of its Precautionary Stand-By Arrangement with the IMF. 

The policy, Clarke said, will be combined with a ten-year operational plan for its implementation and will be done with the technical assistance of multilateral partners. 

The minister made the announcement while delivering the keynote address at the 32nd Annual Sales Congress of the Caribbean Association of Insurance and Financial Advisors (CARAIFA). 

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