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Jamaica to draw down another US$68.2 million from CCRIF

 
Jamaica is expected to draw down another US$68.2 million from the Caribbean Catastrophe Risk Insurance Facility (CCRIF) on Thursday after receiving the first US$8 million on November 3. 
 
This is due to the triggering of the tropical cyclone clause in the facility. 
 
The country is also expected to draw down another US$21.1 million shortly because of the triggering of the excess rainfall cause in the facility. 
 
This will bring the total payout to US$91.1 million or J$14.8 billion.


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