MOU SIGNED FOR CYCLONE INSURANCE

MOU SIGNED FOR CYCLONE INSURANCE

Posted by : Posted on : 17-Oct-2019

Fiji Signs MOU for Cyclone Insurance to Cover Most Vulnerable Citizens

Quoting the Solomon Star newspaper – 17 October 2019

Fiji, October 17, 2019– IFC, a member of the World Bank Group, and the Fijian Government have signed an agreement that paves the way to help the country’s disadvantaged families and farmers gain access to an insurance payout in the event of a severe cyclone.

“The Memorandum of Understanding (MoU) was signed at a meeting on the sidelines of the Annual Meetings of the World Bank Group-IMF in Washington DC, by Fiji’s Minister of Economy, Aiyaz Sayed-Khaiyum and IFC’s Vice President for Asia and the Pacific, Nena Stoiljkovic.”

Copyright @ 2019, Solomon Star News.

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