International Monetary Fund (IMF) Managing Director, Christine Lagarde, says her organisation is willing to help the Caribbean countries severely affected by the passage of Hurricanes Irma and Maria.
“The IMF stands ready to do whatever it can to help in those situations — in assessing macroeconomic implications, determining financing needs, and providing financial support that would also help catalyse broader financing from the rest of the international community,” she said.
Lagarde was speaking at the opening session of the Sixth IMF High Level Caribbean Forum held at The Jamaica Pegasus hotel in New Kingston yesterday.
According to the Jamaica Observer, she noted that emergency relief following events like hurricanes is a key responsibility of the global community.
The IMF head also proposed convening an event with all the major public and private stakeholders to explore options for building resilience in the region, including risk mitigation and debt-management strategies.