The governor of the Bank of Jamaica, Dr. Brian Langrin, emphasized the crucial importance of the resilience of payment systems in the context of disaster risk management. During a conference, he explained that payment mechanisms must be efficient to ensure that aid reaches beneficiaries quickly, particularly farmers and small businesses. The governor also discussed the role of JAM-DEX and the need for collaboration among financial institutions to improve the payment infrastructure.
The resilience of payment systems, key to disaster risk management according to the governor of the BOJ
This article was updated at 18:00.