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[Arrieta Adell]

Bernal. I will take the very first shot on this one due to the fact that I just ended up a week earlier, 8 years on the board of directors of the Inter-American Development Bank. I can ensure you that the Inter-American Advancement Bank in particular has actually been really active and has actually offered significant support across a variety of sectors (What does ltm mean in finance). I think that our huge bro, the World Bank, has contributed, but I would venture to recommend that there is scope for far more resources to be put into the region. The problem here is that the Caribbean is categorized as middle earnings, developed countries and are for that reason omitted from particular concessional centers and are not always viewed as a top priority when it concerns poverty reduction.

Often it is one sector, tourist, and therefore while they are middle income they are vulnerable and need ongoing support. The U.S., I believe, has a critical role in prompting the advancement institutions to continue to contribute in the Caribbean. Mr. Farnsworth. Just a fast coda to that also. We have actually talked a little bit about the debt overhang that affects the Caribbean and so there is a potential future function, maybe not too far in the future, in regards to the international banks possibly the IMF too to truly assist work through some of those debt problems in a significant and enduring method.

Mr. Duncan. We have time for a couple of more concerns. I believed it was going to Go to this website be just the ranking member and myself. I am happy we had such active participation. I am pleased you appeared. Brazil is worried about tourist with regard to the Olympics. And tourism being such a big part of the Caribbean nations' economy and a huge part of the U.S. tourist headed there-- Zika. It has got to be on their minds. I guess I am concerned about just how much U.S. assistance will make it to the Caribbean countries and whether Zika is even an issue on the island countries themselves and what effect that might have on tourist, or anticipated effects.

Eric? Mr. Farnsworth. It is extremely much on the minds of the hemisphere neighborhood. You referenced Brazil and I believe that is definitely correct. Although, in Brazil today it is the winter and the mosquito population in the winter tends to decrease, therefore at least we speak with the Olympic organizers that Zika will not be as much of a problem throughout this existing time of the Olympics, et cetera. But look, Zika is a problem across the area and indeed here in the United States too. As I discuss in my prepared remarks, it seems to me that this might be an easy win for the United States if we wish to put it in those terms.

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We all have an extremely real incentive to eliminate it as fast and as quickly and as comprehensively as possible. So there is a lot of excellent research going on in the United States and other locations. As soon as the vaccine or https://shanenvxe840235.carrd.co/ the ideal technique to address Zika comes forward, why not, working with the Caribbean partners and others in the hemisphere have a very significant public health effort that impacts individuals where they live? I indicate, this is the kind of thing, these are the kinds of lessons we are finding out that are really reliable from other countries when they do it whether it is Venezuela, whether it is China, whether it is other countries since this is what people require.

Ms. Yearwood (What is a consumer finance account). The Caribbean Hotel & Tourism Association, the Caribbean Tourism Organization, the Caribbean Public Health Company, and the Pan American Health Company are all intimately included in attempting to handle the Zika crisis wesley mcdowell not simply at the international level but also at the tourism level. People recognize Zika as a singular concern that might impact the economy of the whole area therefore they are very cognizant and working towards trying to contain the risks and dealing with the vector management, et cetera. I believe to Eric's point, the capability of those companies to have greater participation by the U.S.

Mr. Bernal. Mr. Chairman, if you will allow me. Zika is an issue in itself, but it raises a much broader concern which is hemispheric and international pandemics. There are numerous individuals moving the region from the U.S., Canada, from the Caribbean-- a number of million a year-- that it is an interest of common and mutual importance that we try to fight these pandemics. Early intervention is important. The minute-- we need to have a fast-acting response to the possibility of pandemics. We understand, for instance, that way back in the '60s when there was an outbreak of polio in Jamaica that for a fairly percentage of expenditure on preventive measures, vaccines, we could have avoided a major human catastrophe.

It remains in our shared interest. What does finance a car mean. These are issues which are not nationwide or perhaps regional. They are global, and the only method to tackle them is by reliable cooperation. In passing, let me state that the financial obligation scenario is such that it is beginning to constrain the governments and their ability to do health and education which has long term negative effects for advancement. If we could attend to the debt, and possibly among the areas to take a look at is to generate foundations and advancement agents to look at debt-for-health swaps in which some of the debt can be minimized which money be taken into preventive health care.

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Duncan. Thank you for that. I would be remiss if I didn't point out Haiti and Dominican Republic, and ask-- I will let you ask the question if you would like. Mr. Meeks. I would be remiss if I didn't ask about Haiti and the Dominican Republic. Mr. Duncan. So migration, economy, scenario in Haiti with the government, if you all simply desire to touch on that. Ms. Yearwood. That is opening a bunny hole, but there are a great deal of possible methods to address this question. Haiti remains in an especially fascinating circumstance. As I mentioned I was there for 13 years.

And whether it is with the Parliament or the government, criminal activity is on the increase. Budget smart, we understand the U.S. and European Union are not going to be offering money toward elections. Last I heard, there was no cash in the Haitian budget plan for elections, so somehow they require to find 55 million to get to a set of elections that nobody is particular, you understand, if it can take place and if it will happen since of the impasse on the ground there. How long can you finance a used car. How to finance a house flip. That naturally has consequences on the DR-Haiti migration concern. If Haiti continues to slide downhill, it is going to be difficult pushed for anybody to be able to stop the flight of migrants either to the Dominican Republic, the Bahamas, Turks and Caicos, Jamaica, and of course Florida and the United States.