Cabinet has approved the Disaster Risk Financing (DRF) Strategy to assess, reduce and manage fiscal risk associated with disasters.
The Strategy aims to improve Dominica’s response capacity to natural hazards, climate impacts, pandemics, endemic health concerns and other economic shocks.
Minister for Resilience & Sustainable Development Dr. Vince Henderson says, this strategy will strengthen key areas of disaster risk management.
Dr. Henderson says, government will develop an operational framework for obtaining insurance by the public sector and Post-Disaster Budget Execution Guidelines.
Minister for Resilience & Sustainable Development Dr. Vince Henderson