Government committed to organised process of Hurricane Joaquin restoration – PM Christie

NASSAU, The Bahamas — Prime Minister and Minister of Finance the Hon. Perry Christie declared that The Bahamas Government has made a commitment to reconstruct, to rebuild and to establish an organised process to do so, in the wake of the onslaught of Hurricane Joaquin. He made the statement on October 14, 2015 at the Office of the Prime Minister.
“I have already asked the Ministry of Finance to review the opportunities for borrowing money from the Caribbean Development Bank, from concessional financing made available by the Chinese to the region, and other traditional sources because the country cannot wait; and that even if we were to have the most successful fundraising campaign, these initial requirements must be met by the government,” Prime Minister Christie said as he and others gave a detailed briefing at a press conference on assessments and the way forward following the storm.
Prime Minister Christie noted that as assessments continue to come in, the final figure would appear to be tens of millions of dollars to meet the demands seen so far for the infrastructure work and buildings damaged and destroyed.
Read more at: The Bahamas Weekly