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Flood Relief: Cabinet approves $150 million emergency funds

by Matthew Atungwu December 2, 2022
written by Matthew Atungwu December 2, 2022
616

The Cabinet in Trinidad and Tobago, a dual-island Caribbean nation has authorised the release of $150 million towards alleviation of the negative impacts of recent flooding,

This followed a Cabinet meeting and discussions with the Minister of Finance where a decision was taken to allocate an immediate $40 million to the national flood relief programme, according to a statement from the Office of the Prime Minister (OPM).

According to the statement, “these funds are to augment existing budgetary allocations in relevant ministries to provide sustenance and comfort for those directly distressed by the recent weather emergency”.

Apart from the $40m for flood victims, $100m was allocated for urgent repair work to flood-damaged roadways and also repairs on damage caused by landslides. Some $10m was allocated for those in the farming community adversely affected by the flooding.

The statement did not however indicate how or when the funds would be disbursed, which ministries were involved or how flood-affected homeowners, businessmen and farmers could access relief envisioned by this emergency release of funding.

Read also: UN donors’ meeting on Pakistan’s flood victim slated for Jan 15

The allocation drew a mixed response in political circles, including Tunapuna/Piarco Regional Corporation chairman Kwasi Robinson keenly who welcomed the allocation.

“I’m grateful for the allocation by Government and I’m happy citizens will get much-needed help. I think it’s very timely,” he was quoted as saying. I look forward to the disbursement of the funds.”

Story was adapted from newsday.

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