Tropical Storm Nicole - Planning Institute of Jamaica
Tropical Storm Nicole - Planning Institute of Jamaica
Tropical Storm Nicole - Planning Institute of Jamaica
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• a $4.0 million grant to assist the speedy recovery <strong>of</strong> green house production;<br />
• assistance in agricultural inputs such as land preparation, seeds, fertilizers and chemicals;<br />
• the coordination with the NWA to identify and prioritize the most critical farm roads for<br />
clearing, in the first instance, to allow for free movement into and out <strong>of</strong> crop production<br />
areas that have been affected.<br />
The anticipated higher growth forecast for the Construction & Installation industry is predicated on<br />
the advancement <strong>of</strong> work on the affected roads and bridges consistent with reconstruction activities<br />
associated with TS <strong>Nicole</strong>. In addition, the fast tracking <strong>of</strong> the <strong>Jamaica</strong> Infrastructure Development<br />
Project will impact the industry positively in the short-term. However, expansion in this area in<br />
particular, may be tempered by the limited fiscal space, given the conditions that exist under the IMF<br />
Programme.<br />
It is anticipated that the two components <strong>of</strong> the Manufacture industry may be positively impacted by<br />
the passage <strong>of</strong> <strong>Tropical</strong> <strong>Storm</strong> <strong>Nicole</strong>. There is a strong correlation between the activities in the<br />
Construction industry and the production <strong>of</strong> some commodities in the Non-Metallic Minerals and<br />
Chemical & Other Chemical Products sub-industries <strong>of</strong> the Manufacture industry. Against this<br />
background, it is expected that reconstruction activities associated with <strong>Tropical</strong> <strong>Storm</strong> will generate<br />
demand for products such as cement and paint, hence positively impacting the Non-Metallic<br />
Minerals and Chemical & Other Chemical Products sub-industries, respectively.<br />
Chemical & Other Chemical Products is also expected to be positively affected by increased demand<br />
for Aluminium Sulphate and Sulphuric Acid 23 . The increased demand for Aluminium Sulphate is<br />
predicated on increased water treatment activities associated with high levels <strong>of</strong> turbidity caused by<br />
the tropical storm.<br />
Domestic inflation is expected to trend upwards, given the impact <strong>of</strong> the storm on the agriculture<br />
industry. Damage to the industry will lead to shortages in the supply <strong>of</strong> domestically grown<br />
vegetables and starchy foods such as cabbage, tomato, and sweet pepper. This situation is expected<br />
to be exacerbated by recent increases in international grain prices. This upward movement in prices<br />
23 Sulphuric Acid is the main ingredient in the production <strong>of</strong> Aluminium Sulphate.<br />
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