News

Guyana: $800M needed to address flooding

Govt to apply for emergency funding from Contingency Fund
…exploring mechanism for distribution of assistance to persons in affected regions

A meeting of the National Emergency Operation Centre was convened late Tuesday afternoon to address the recent spring tides and at a briefing, Minister of Public Infrastructure, David Patterson revealed that the government plans to apply for emergency funds through the Contingency Fund.

During September and before the recent spring tides, the Ministry of Finance had approved $460M for emergency works at Mahaicony, which is now one of the hardest-hit areas by the current spring tides.

Under this sum, two contracts were awarded to supply 10,000 tonnes of boulders. Another application will be made to source funding from the Contingency Fund to further address the needs of residents in Mahaicony, particularly between Dantzig to Fairfield.

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