PIDS urges govt to improve disaster risk financing program

With the rainy season’s onset, a researcher of State think tank Philippine Institute for Development Studies (PIDS) urged the government to enhance its overall disaster risk financing and insurance (DRFI) program.

PIDS also urged the government to expand its mechanisms to ease the impact of calamities like typhoons, floods and landslides as well as fast-track reconstruction and rebuilding in disaster-stricken areas.