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THE WORLD HAS CHANGED SIGNIFICANTLY SINCE DOMINICA WAS GRANTED NDEPENDENCE.

pmskrt.jpgRoseau , Dominica – January 7,  2008………………..In his address to the Reunion Wivé activity on January 1, 2008, Prime Minister, Hon. Roosevelt Skerrit told Dominicans that the world Dominica operated in when it gained independence nearly thirty years ago had changed significantly.

 

“This great clarion call to visit the homeland is being sent out at a critical juncture in our history and in our development. This harsh reality is that the Dominica that is our home today is not, cannot and should not be the same Dominica that Britain handed over to us in 1978. The world in which Dominica now has to operate is a changed place,” the Prime Minister stated.

Dominica 1st Received Money From Caribbean Catastrophic Risk Insurance Facility Following Earthquake

handing_over_of_cheque_ceremony_ccrif.jpgRoseau, Dominica – December 19, 2007………… Dominica has become the first country out of sixteen in the Caribbean to benefit from its participation in the Caribbean Catastrophic Risk Insurance Facility (CCRIF) following the presentation of a cheque for US$279,338.14, which represents 50% of the estimated full pay-out.

Dominica was struck by an earthquake which measured 7.3 on the richter scale on Thursday, November 29th 2007.

At a ceremony at the Financial Centre last week, Dr. Simon Young of CCRIF presented the cheque to Prime Minister and Minister for Finance, Hon. Roosevelt Skerrit. 

According to Prime Minister Skerrit, the issue of an insurance which would assist Caribbean countries to respond to disaster situations, “has been discussed for a very long time”. After the passage of Hurricane Ivan in Grenada in 2004, Caribbean countries again made a call to the donor community, more particularly the World Bank for assistance to develop such a facility.