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Jamaica faces $7 billion in losses after Hurricane Melissa, says Prime Minister

05 November 2025 18:13

Jamaican Prime Minister Andrew Holness has estimated the preliminary cost of damage caused by Hurricane Melissa at between $6 billion and $7 billion.

Holness presented the estimate during a statement to the House of Representatives on November 4, outlining the widespread economic and infrastructural impact of the powerful storm, Jamaica Observer reports.

“We anticipate a temporary slowdown in economic activity, particularly in the most affected parishes,” Holness said. “Agricultural output will decline in the short term as farmers replant and livestock operations recover. The tourism sector, while resilient and working swiftly to reopen, will require targeted support to restore capacity and confidence.”

The Prime Minister noted that small and medium-sized enterprises (SMEs)—particularly those in retail, manufacturing, services, and the creative industries—have endured significant losses. He emphasized that these businesses will require liquidity and recovery assistance to rebuild inventories, repair facilities, and resume operations.

Holness reaffirmed the government’s commitment to supporting recovery efforts across all sectors, highlighting that national resilience and sustainable reconstruction would remain top priorities as Jamaica works to recover from the storm’s devastating effects.

By Vafa Guliyeva

Caliber.Az
Views: 101

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