Dominican Republic: Disaster Risk Financing and Insurance

Disaster Risk Financing and Insurance in Dominican Republic

The publication analyses the fiscal and economic impact of natural disasters in the country, and was jointly prepared with the Ministry of Economy, Planning and Development. The study showed that annual average losses associated with earthquakes and cyclones add up to $670 million, equivalent to 1.1 percent of GDP in 2013. This study will set the basis for developing a disaster risk financing strategy.

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