CAF approves US$647,000 to support Jamaica’s recovery efforts

The Development Bank of Latin America and the Caribbean (CAF) has allocated USD $670,000 in emergency grant funding to assist Jamaica in its recovery efforts following the catastrophic impact of Hurricane Melissa. The Category 5 storm, which struck on October 29, caused significant loss of life and widespread destruction to infrastructure, services, and communities across the island nation. This financial aid aims to bolster the humanitarian and recovery initiatives already underway, complementing support from other regional and international partners. In a letter to Jamaican Prime Minister Andrew Holness, CAF’s executive president, Sergio Díaz-Granados, expressed solidarity with the government and people of Jamaica, emphasizing the institution’s commitment to addressing the immediate and long-term needs arising from the disaster. Díaz-Granados highlighted the immense humanitarian challenges faced by Jamaica and reaffirmed CAF’s readiness to channel resources effectively. Additionally, CAF facilitated bilateral assistance from El Salvador, including the airlift of 37 tonnes of humanitarian supplies and the deployment of over 300 emergency personnel to aid in response and recovery operations. Finance Minister Davendranath Tancoo, chairman of CAF’s Board of Directors, praised the institution’s swift action and reiterated the Board’s full support for Jamaica’s recovery. CAF also commended the Jamaican government’s leadership in coordinating national response efforts and pledged to remain a steadfast partner throughout the nation’s reconstruction journey.