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As the country prepares for the 2026 Atlantic Hurricane Season, Prime Minister Dr Andrew Holness says the Government is strengthening the country’s disaster risk financing framework to bolster recovery efforts and respond to the needs of citizens.
Addressing the National Disaster Risk Management Council Meeting, he said that these instruments, which include catastrophe bonds, have enhanced Jamaica’s ability to respond to shocks.
“I am pleased to say that we floated our third catastrophe bond, I believe, successfully, which showed from the international community that there is an appetite for Jamaica, and it was with great success that we were able to do that.
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