Finance and the Public Service Minister Dr Nigel Clarke emphasises a point while addressing the Private Sector Organisation of Jamaica annual economic forum at The Jamaica Pegasus hotel in New Kingston, yesterday. (Photo: JIS)

FINANCE and the Public Service Minister Dr Nigel Clarke says the ministry is drafting a Public Financial Management for Disaster Risk Policy and Framework, for submission to Cabinet.

Addressing the Private Sector Organisation of Jamaica annual economic forum at The Jamaica Pegasus hotel in New Kingston yesterday, he said the policy aims to strengthen Jamaica’s response to natural disasters through a streamlined national approach that will, as best as possible, facilitate the availability of dedicated resources for recovery.

Dr Clarke said that the policy will be tabled in Parliament following Cabinet’s deliberations, and emphasised that the Government wants to “ensure that we have consensus [through a national approach], because natural disasters affect us all”.

He said that Jamaica and other Caribbean countries are vulnerable to natural disasters, citing Sunday’s 4.6 magnitude earthquake that shook sections of the island.

The minister said data from the Association of Caribbean States show that the Caribbean recorded 165 natural disasters between 1990 and 2008, “and as we know from our experience… natural disasters result in unplanned expenditure”.

Noting that events like Hurricane Gilbert, which devastated the island in 1988, “only occur once every several decades”, the minister said data and experience show that they “cost [countries like] Jamaica tremendously”.

Additionally, he said natural disasters can overwhelm public resources and potentially set small countries back “for years”.

http://www.jamaicaobserver.com/news/finance-ministry-drafting-policy-to-respond-to-natural-disasters_144856