Finance Minister Fayval Williams says the National Natural Disaster Risk Financing Policy (NNDRFP) stands at $130.6 billion.

The NNDRFP allows the Government to prepare financially for natural disasters by ensuring funds are available for response and recovery efforts.

Ms. Williams says it has many layers of shock absorbers for the economy.

She explains that the increased disaster coverage ensures Jamaica has the financial flexibility to deal with natural disasters.

The Finance Minister shares that the disaster financing policy takes into account a number of scenarios.

She says the Government is ensuring the country is prepared for disasters.

She was speaking at the National Disaster Risk Management Council Meeting in Kingston this morning.