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[Donovan Carina]

Bernal. I will take the very first shot on this one because I just ended up a week back, 8 years on the board of directors of the Inter-American Development Bank. I can assure you that the Inter-American Advancement Bank in particular has actually been very active and has supplied considerable assistance across a variety of sectors (What happened to yahoo finance portfolios). I believe that our huge sibling, the World Bank, has contributed, but I would venture to recommend that there is scope for much more resources to be taken into the area. The concern here is that the Caribbean is classified as middle earnings, developed countries and are for that reason omitted from specific concessional centers and are not necessarily viewed as a priority when it pertains to hardship relief.

Sometimes it is one sector, tourist, and for that reason while they are middle income they are vulnerable and need continued assistance. The U.S., I believe, has a crucial function in urging the development institutions to continue to contribute in the Caribbean. Mr. Farnsworth. Just a quick coda to that as well. We have talked a bit about the debt overhang that impacts the Caribbean and so there is a prospective future function, possibly not too far in the future, in terms of the international banks possibly the IMF too to really assist work through some of those financial obligation issues in a significant and long lasting way.

Mr. Duncan. We have time for a couple of more questions. I thought it was going to be simply the ranking member and myself. I am thankful we had such active involvement. I am happy you showed up. Brazil is concerned about tourism with regard to the Olympics. And tourist being such a huge part of the Caribbean countries' economy and a huge part of the U.S. tourist headed there-- Zika. It has actually got to be on their minds. I guess I am worried about how much U.S. support will make it to the Caribbean nations and whether Zika is even an issue on the island nations themselves and what impact that may have on tourism, or expected effects.

Eric? Mr. Farnsworth. It is quite on the minds of the hemisphere neighborhood. You referenced Brazil and I think that is definitely right. Although, in Brazil today it is the winter and the mosquito population in the winter tends to decrease, therefore a minimum of we speak with the Olympic organizers that Zika will not be as much of a concern during this current new timeshare laws 2020 time of the Olympics, et cetera. But look, Zika is a problem across the area and undoubtedly here in the United States too. As I describe in my prepared remarks, it seems to me that this might be an easy win for the United States if we want to put it in those terms.

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All of us have an extremely genuine reward to eliminate it as fast and as quickly wesley fin and as comprehensively as possible. So there is a great deal of excellent research going on in the United States and other locations. As soon as the vaccine or the ideal approach to address Zika steps forward, why not, working with the Caribbean partners and others in the hemisphere have a very significant public health initiative that impacts people where they live? I indicate, this is Additional info the type of thing, these are the types of lessons we are learning that are very efficient from other countries when they do it whether it is Venezuela, whether it is China, whether it is other nations since this is what individuals require.

Ms. Yearwood (What are the two ways government can finance a budget deficit?). The Caribbean Hotel & Tourist Association, the Caribbean Tourist Company, the Caribbean Public Health Agency, and the Pan American Health Company are all totally associated with trying to deal with the Zika crisis not simply at the international level however also at the tourism level. People acknowledge Zika as a particular concern that could impact the economy of the entire region therefore they are extremely cognizant and working toward attempting to include the hazards and handling the vector management, et cetera. I believe to Eric's point, the capability of those firms to have greater participation by the U.S.

Mr. Bernal. Mr. Chairman, if you will permit me. Zika is a problem in itself, however it raises a much broader issue which is hemispheric and global pandemics. There are a lot of people moving around the area from the U.S., Canada, from the Caribbean-- a number of million a year-- that it is an interest of typical and mutual value that we try to combat these pandemics. Early intervention is important. The moment-- we require to have a fast-acting reaction to the possibility of pandemics. We understand, for example, that method back in the '60s when there was a break out of polio in Jamaica that for a fairly percentage of expenditure on preventive steps, vaccines, we might have avoided a significant human tragedy.

It remains in our mutual interest. What is internal rate of return in finance. These are issues which are not nationwide or even regional. They are global, and the only method to tackle them is by effective cooperation. In passing, let me state that the financial obligation scenario is such that it is starting to constrain the governments and their capability to do health and education which has long term adverse repercussions for development. If we might attend to the financial obligation, and maybe one of the areas to take a look at is to generate structures and advancement agents to look at debt-for-health swaps in which a few of the debt can be eased and that cash be taken into preventive health care.

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Duncan. Thank you for that. I would be remiss if I didn't discuss Haiti and Dominican Republic, and ask-- I will let you ask the concern if you would like. Mr. Meeks. I would be remiss if I didn't inquire about Haiti and the Dominican Republic. Mr. Duncan. So migration, economy, circumstance in Haiti with the government, if you all simply want to discuss that. Ms. Yearwood. That is opening a rabbit hole, but there are a great deal of possible methods to address this concern. Haiti is in a particularly interesting situation. As I mentioned I was there for 13 years.

And whether it is with the Parliament or the government, crime is on the rise. Budget wise, we understand the U.S. and European Union are not going to be providing cash towards elections. Last I heard, there was no money in the Haitian spending plan for elections, so in some way they require to find 55 million to get to a set of elections that nobody is specific, you know, if it can occur and if it will take place since of the impasse on the ground there. What can i do with a degree in finance. What is a future in finance. That naturally has repercussions on the DR-Haiti migration concern. If Haiti continues to move downhill, it is going to be tough pushed for anyone 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.