#PROVIDENCIALES, Turks and Caicos – November 7, 2017 – The huge contingent due to come in from the United Nations Economic Commission for Latin American and the Caribbean or UN ECLAC is in the country now; the team got in over the weekend and they are here to finally put a figure on and give more in depth understanding of the impact of the September hurricanes, Irma being the worst of the two for the Turks and Caicos Islands.
The Damage and Loss Assessment or DALA is quite detailed and includes the effect of the hurricanes on the entire economy and provides governments with vital data including: ‘The replacement value of totally or partially destroyed physical assets that must be included in the reconstruction program, losses in the flows of the economy that arise from the temporary absence of the damaged assets and the resulting impact on post-disaster economic performance, with special reference to economic growth, the government’s fiscal position and the balance of payments.’
Premier and Finance Minister, Sharlene Robinson had touted the coming of the team last month.
