Grand Turk with millions at its disposal for infrastructure and urban upgrades thanks to new CESA – Magnetic Media

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From: Lindsay Thompson

Bahamas Information Services

#TheBahamas, July 25, 2022 – Prime Minister the Hon. Philip Davis commissioned a Disaster and Loss Assessment (DaLA) of the impacts of the COVID-19 pandemic on the Bahamas, which was carried out by the Inter-American Development Bank (IDB) and the United Nations Economic Commission for the Latin America and the Caribbean (ECLAC).

And, the findings presented in a report reveal billions of dollars in losses, numerous job losses and an impact on the tourism industry.

The special presentation of the report was presented on Wednesday July 6, 2022 at the IDB House on East Bay Street. Present were the Hon. Dr. Michael Darville, Minister of Health and Wellness; Wayde Watson, Parliamentary Secretary, Department of Economic Affairs; Colin Higgs, Permanent Secretary, Department of Health and Welfare, and IDB and ECLAC officials directly involved in the evaluation and writing of the report

“As you know, this is a very important report for the Bahamas as it draws lessons from our collective response to the COVID-19 pandemic,” Dr. Darville told IDB, ECLAC and other stakeholders present.

Recognizing that the pandemic continues to make its presence felt in the Bahamas and countries around the world world, Dr Darvlle, however, said he was not advocating containment, but that collaboration remains an essential part of the country’s overall response.

“For the world and, no differently, for the Bahamas, COVID-19 has shocked health systems and shattered economies,” he said, adding that “in the Bahamas, it has taken a heavy toll on an education system previously tested, strained our social safety net and slammed the country’s tourism industry.

The Bahamas’ COVID-19 story from a health, social and financial perspective allows the country to reflect and build on lessons learned, Dr. Darville said.

“These lessons will help us take intentional action now to build preparedness and also accelerate our mitigation actions to confront and resist unknown, unseen and unimaginable threats,” he said.

Even without the DaLA, Dr Darville said all need only be socially conscious to see the dire situation in the Bahamas.

He said that upon taking office, the Davis administration made a political decision to strike a delicate balance between preserving life and saving the economy by implementing innovative strategies to protect public health. .

“Our policy needs to be informed by evidence and that evidence is provided by the DaLA, which has been prepared using national data available up to early February 2022,” he said.

The report estimates the total cost of the impacts and effects of COVID-19 on The Bahamas at $9.5 billion, with tens of thousands of job losses and lasting effects on the country’s tourism sector.

The report also indicates that the economy is not expected to return to its pre-pandemic level until 2024, mainly due to the gradual pace of recovery in the tourism sector and the lasting effects of COVID-19 in this sector.

“Collaborating on these types of reports allows us to create templates that guide our future responses. It is in this context that I wish to express my gratitude to the Inter-American Development Bank (IDB) and the Economic Commission for Latin America and the Caribbean (ECLAC) for their partnership in the preparation and production of this DaLA which goes to great lengths to document the experience of the COVID-19 pandemic in the Bahamas,” said Dr. Darville.

He also thanked the IDB for its loan facility of some $65 million in response to the impact of COVID-19 on health infrastructure in the Family Islands. “This loan facility is so vital to our healthcare system,” he said.

PHOTO CAPTIONS

BRI Photos/Kristaan ​​Ingraham

On your mind: The deputy. Dr. Michael Darville, Minister of Health and Welfare, during a special presentation of the Disaster and Loss Assessment (DaLA) of the impacts of the COVID-19 pandemic on the Bahamas, prepared by the Bank Inter-American Development Bank (IDB), and the United Nations Economic Commission for Latin America and the Caribbean (ECLAC). The event took place on Wednesday July 6, 2022 at the IDB House on East Bay Street.

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