Wednesday, August 29, 2018

Bahamas Just 17% Ready For Disasters

Tribune Business Editor

The Bahamas is just 17 percent prepared to cope with major disasters, an Inter-American Development Bank (IDB) report highlighting its "low progress" despite exposure to hurricanes.

The multilateral lender, using its iGOPP governance and public policy index to measure The Bahamas' readiness, rated this nation as weak in virtually all aspects of disaster preparation, management and response.

Its assessment, conducted last year, found this nation had made "very limited progress" in disaster recovery planning and needed extra financial protection to reduce "its fiscal vulnerability against the occurrence of disasters".  Read more >>