The general development objective is to strengthen the efficiency and effectiveness of public policy and fiscal management in Barbados in response to the health and economic crisis caused by COVID 19, through the design and implementation of effective and fiscally responsible policy measures. The specific development objectives are to: (i) promote the availability and timely execution of public resources to respond to the health crisis caused by COVID-19; (ii) strengthen the countercyclical effect of fiscal policy through the temporary introduction of measures to protect the income of vulnerable households and increase liquidity for businesses during the health and economic crisis; and (iii) promote economic and fiscal recovery during the post pandemic period.

Project Detail

Country

Barbados

Project Number

BA-L1056

Approval Date

December 14, 2022

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

-

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
5720/OC-BA Sovereign Guaranteed USD - United States Dollar Ordinary Capital Flexible Financing Facility
Operation Number 5720/OC-BA
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Flexible Financing Facility

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZIDB0000578-522669563-43400
Project Monitoring Report ( Public version)
BA-L1056 Second period Jan-Dec 2022 - Public Report.PDF
Jul. 19, 2023
English
https://www.iadb.org/document.cfm?id=EZIDB0000366-2056220512-9253
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 II.pdf
Mar. 17, 2023
English
https://www.iadb.org/document.cfm?id=EZSHARE-965128629-49709
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. 21, 2022
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-965128629-49708
Loan Contract
Programme to Strengthen Public Policy and Fiscal Management in Response to the Health and Economic Crisis Caused by COVID-19 in Barbados II.pdf
Dec. 21, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-1630959431-27
Loan Proposal
BA-L1056 - Loan proposal.pdf
Nov. 30, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-1630959431-28
Loan Proposal
BA-L1056 - Propuesta de prestamo.pdf
Nov. 30, 2022
Spanish
 Other Documents
https://www.iadb.org/document.cfm?id=EZSHARE-1630959431-23
Electronic Links
Policy Letter Programme to Strengthen Public Policy and Fiscal Management (2).pdf
Nov. 30, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-1630959431-16
Electronic Links
CCS Annex - BA-L1056.docx
Nov. 30, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-1630959431-5
Electronic Links
BA-L1056 - POD - REL3 - Monitoring and Evaluation Arrangements (6 oct 2022).docx
Nov. 30, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-1630959431-6
Electronic Links
BA-L1056 - POD - OEL1 - Comparative Policy Matrix.docx
Nov. 30, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-1630959431-7
Electronic Links
BA-L1056 - POD - OEL2 - Justification of Non-Inclusion of Gender Activity.docx
Nov. 30, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-1630959431-4
Electronic Links
BA-L1056 - POD - REL2 - Means of Verification.docx
Nov. 30, 2022
English

Have an Environmental or Social issue related to IDB projects? File a Complaint