A month after Hurricane Melissa devastated Jamaica and left billions of dollars in damage in its wake, international financial institutions are making up to $6.7 billion available to help the island-nation in its recovery and reconstruction.
The funds, available over three years, are part of a financial support package put together by the Development Bank of Latin America and the Caribbean, the Caribbean Development Bank, the Inter-American Development Bank Group, the International Monetary Fund and the World Bank Group.
“This coordinated effort reflects a unified commitment to help Jamaica pursue a fiscally responsible, long-term recovery through a combination of emergency preparedness financing, sovereign financing, grant support and private sector investments,” the World Bank said in

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