The overall objective of the programme is to strengthen the efficiency, efficacy and equity of fiscal policy and management to address the health crisis and economic consequences of COVID-19, through the design and implementation of effective and fiscally responsible policy measures. Specific objectives are: (i) ensure timely availability of public resources to address the health emergency caused by COVID-19; (ii) strengthen the counter-cyclical role of fiscal policy through the temporary protection of employment and income of vulnerable households during the health and economic crisis; (iii) support the effective and continuous provision of essential goods and services through fiscal policy and management measures; and (iv) promote economic and fiscal recovery.

Project Detail

Country

Barbados

Project Number

BA-L1050

Approval Date

December 2, 2020

Project Status

Closed

Project Type

Loan Operation

Sector

REFORM / MODERNIZATION OF THE STATE

Subsector

FISCAL POLICY FOR SUSTAINABILITY AND GROWTH

Lending Instrument

Préstamo de Apoyo a Reformas de Política

Lending Instrument Code

PBL

Modality

PBP (Programmatic Policy Base Loan)

Facility Type

-

Environmental Classification

Uncategorized Directive B.13

Total Cost

USD 120,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 120,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
5168/OC-BA Sovereign Guaranteed USD - United States Dollar Ordinary Capital Flexible Financing Facility
Operation Number 5168/OC-BA
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Flexible Financing Facility

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 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-2056220512-8409
Loan Contract
Contract - Programme to Strengthen Public Policy and Fiscal Management in Response to the Health and Economic Crisis caused by COVID-19 in Barbados.pdf
Jan. 19, 2021
English
https://www.iadb.org/document.cfm?id=EZSHARE-965128629-48989
Loan Contract
Programa de Fortalecimiento de la Política Pública y la Gestión Fiscal para la Atención de la Crisis Sanitaria y Económica Causada por la COVID-19 en
Dec. 17, 2020
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-965128629-48987
Loan Contract
Programme to Strengthen Public Policy and Fiscal Management in Response to the Health and Economic Crisis Caused by COVID-19 in Barbados.pdf
Dec. 17, 2020
English
https://www.iadb.org/document.cfm?id=EZSHARE-977313297-32
Loan Proposal
Barbados. Propuesta de préstamo para el _Programa de Fortalecimiento de la Política Pública y la Gestión .pdf
Nov. 19, 2020
English
https://www.iadb.org/document.cfm?id=EZSHARE-977313297-33
Loan Proposal
Barbados. Loan proposal for the _Programme to Strengthen Public Policy and Fiscal Management in Respo.pdf
Nov. 19, 2020
English
https://www.iadb.org/document.cfm?id=EZSHARE-977313297-30
Loan Proposal
BA-L1050 - LP - REL_1 - Policy Letter.pdf
Nov. 19, 2020
English
https://www.iadb.org/document.cfm?id=EZSHARE-977313297-22
Loan Proposal
BA-L1050 - DLP - EEO_1 - Bibliography.docx
Nov. 19, 2020
English
https://www.iadb.org/document.cfm?id=EZSHARE-977313297-15
Loan Proposal
BA-L1050 - DLP - REL_2 - Means of Verification.docx
Nov. 19, 2020
English
https://www.iadb.org/document.cfm?id=EZSHARE-977313297-13
Loan Proposal
BA-L1050 - DLP - REL_3 - Monitoring and Evaluation Plan.docx
Nov. 19, 2020
English

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