Jalisco to spend US$86mn on hurricane reconstruction in 2012

Friday, December 30, 2011

Mexico's Jalisco state will spend an estimated 1.2bn pesos (US$86mn) in 2012 on reconstruction work following damage caused in October by Hurricane Jova.

National natural disaster fund Fonden is expected to disburse an initial payment during the first week of January, although the amount has yet to be confirmed, local paper El Informador reported.

The state government also expects to receive 250mn pesos under its natural disasters insurance policy, which will cover repairs to 60% of the highways damaged during the hurricane, the report said.

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