VP Jorge Familiar reaffirmed the World Bank’s solidarity and support to the people of Dominica

​PM Roosevelt Skerrit and World Bank Vice President Jorge Familiar met on Tuesday to discuss the initial findings of the post disaster needs assessment, and the World bank's support for resilient recovery and reconstruction.
 
The World Bank VP reaffirmed the Bank’s solidarity and support to the people of Dominica.
 
The visit following the high level Caribbean round table in Washington on October 13th signals the World's Bank continued commitment to fast track assistance to Dominica in building back better and more resilient in the wake of Hurricane Maria.
 
A World bank team was deployed to Dominica working with partners to assist the government in assessing the damages and start planning the reconstruction.
 
As part of the Hurricane response, the World Bank is preparing a financial package of over US$100,000,000 for Dominica to provide immediate support to farmers, rebuild resilient public infrastructure, strengthen resilience and help create financial buffers.
 
Preliminary results from the Rapid Damage & Loss Assessment jointly conducted by the World Bank, the UN, the CDB, ECCB and EU estimate that Hurricane Maia brought damages and losses of over 200% of annual GDP, equivalent to approximately US$1.3B
 
Public infrastructure, electricity and telecom networks, housing and agriculture sectors suffered the biggest damages.