Tropical storm price tag is put at $330 million

The price tag for the early November downpours from Tropical Storm Tomas is estimated to be $330 million just for repairs of government facilities, roads and homes for 672 families who lost theirs.

The finances were discussed Tuesday at the weekly meeting of the Consejo de Gobierno where officials noted that 3,392 homes had received some damage from the storms and the result of heavy rains. Many homes suffered damage from landslides.

Vice President Luis Liberman said that losses to agriculture would be about $30 million. Officials are considering some subsidies to farmers. About 5,500 farmers are eligible for these grants.

Some $242 million is needed to repair infrastructure, the officials were told. Some money is being sought from development banks. Of this amount, about $109 million will go to reconstruct 177 kilometers of roads that were wiped out by the storms. There were 788 kilometers of highways that can be repaired, but that will take about $124 million, officials heard.

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