The objective of the programme is to support the government's efforts to:(i) regain macroeconomic stability; (ii) implement fiscal adjustment measures that foster a sustainable fiscal balance in the short and medium term; and (iii) protect social spending to safeguard social gains achieved. The structure and content of the programme are aligned to the recently approved International Monetary Fund (IMF)Extended Fund Facility (EFF).The programme is structured as a Special Developing Lending with a single operation that will disburse in a single tranche.

Project Detail

Country

Barbados

Project Number

BA-L1045

Approval Date

November 6, 2018

Project Status

Closed

Project Type

Loan Operation

Sector

REFORM / MODERNIZATION OF THE STATE

Subsector

FISCAL POLICY FOR SUSTAINABILITY AND GROWTH

Lending Instrument

Financiamiento Especial para el Desarrollo

Lending Instrument Code

SDL

Modality

SDL_S (Single Tranche SDL)

Facility Type

-

Environmental Classification

Uncategorized Directive B.13

Total Cost

USD 100,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 100,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
4656/OC-BA Sovereign Guaranteed USD - United States Dollar Ordinary Capital Emergency Financing
Operation Number 4656/OC-BA
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Emergency Financing

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-2056220512-5589
Loan Contract
Contract - Macroeconomic Emergency Programme to Protect Economic and Social Progress.pdf
Nov. 30, 2018
English
https://www.iadb.org/document.cfm?id=EZSHARE-1470197173-48173
Loan Contract
Programa Macroeconómico de Emergencia para Proteger el Avance Económico y Social.pdf
Nov. 09, 2018
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1470197173-48174
Loan Contract
Macroeconomic Emergency Programme to Protect Economic and Social Progress.pdf
Nov. 09, 2018
English
https://www.iadb.org/document.cfm?id=EZSHARE-1559860123-17
Loan Proposal
BA-L1045 - Policy Letter.pdf
Nov. 01, 2018
English
https://www.iadb.org/document.cfm?id=EZSHARE-1559860123-2
Loan Proposal
BA-L1045 - EER2 - Means of Verification .docx
Nov. 01, 2018
English
https://www.iadb.org/document.cfm?id=EZSHARE-1559860123-4
Loan Proposal
BA-L1045 - EEO1 - IMF structural benchmarks of the EFF program with Barbados.docx
Nov. 01, 2018
English
https://www.iadb.org/document.cfm?id=EZSHARE-1559860123-7
Loan Proposal
BA-L1045 - EER3 Copy of the Lending Arrangement aproved by the IMF.PDF
Nov. 01, 2018
English
 Other Documents
https://www.iadb.org/document.cfm?id=EZSHARE-1559860123-20
Barbados. Propuesta de préstamo para el Programa Macroeconómico de Emergencia para Proteger el Avance Económico y Social”.pdf
Nov. 01, 2018
English
https://www.iadb.org/document.cfm?id=EZSHARE-1559860123-21
Barbados. Proposal for a loan for the Macroeconomic Emergency Programme to Protect Economic and Social Progress”.pdf
Nov. 01, 2018
English

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