In the wake of the destruction Hurricane Irene inflicted upon the agriculture sector, currently estimated at some $20 million, the Economic Development Bank has granted an automatic three-month stay on loans held by insured farmers, agency chief Ivonne Otero said Thursday.
Hurricane Irene dealt a $17.8 million blow Puerto Rico’s agriculture as it unleashed its strong wind and dumped inches of rains on the island since Sunday, ripping up or drowning acres of plantains and fruit and vegetable crops, government officials said Tuesday.
Two days after Tropical Storm Irene pounded Puerto Rico with non-stop rains and hurricane-force winds, Gov. Luis Fortuño will go on a road trip today to assess local crop damage, which, by the looks of what was left behind, could be significant.
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