AGP Executive Report
Last update: 3 hours agoDisaster Risk Finance: Jamaica has secured a new US$200 million World Bank catastrophe bond to insure against hurricanes, replacing the prior US$150 million cover that was fully paid out after Hurricane Melissa. The 2026 deal drew 25 international investors and is part of the government’s multi-layer disaster risk plan. Local Governance & Infrastructure: Urban Development Corporation chairman Norman Brown says the UDC is eyeing Watson Taylor Park in Lucea, Hanover, as a possible Harmony Beach Park-style upgrade, with the idea of adding amenities to a 7.5-acre public space. Public Safety: St Mary police are urging motorists to drive carefully after a crash in Annotto Bay injured seven people, including four children, when a vehicle reportedly lost control and hit a shop. Crime & Justice: A Kingston woman, Shanice Lynch, was freed of Denham Town robbery and gun charges after the Crown conceded it could not mount a viable prosecution; a not guilty verdict was entered. Business & Services: Jamaica Post is being repositioned for digital access, with a pilot “one-stop” government services centre at selected post offices, supported by the IDB. Regional Ties: Ghana and Jamaica renewed cooperation at the 3rd PJCC in Accra, pledging deeper work in health, trade, culture, tourism and reparatory justice.
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