Program to Strengthen Public Policy and Fiscal Management in Response to the Health and Economic Crisis Caused by COVID-19 in Guyana

The general objective of the program is to strengthen the efficiency and effectiveness of fiscal policy and management 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 objectives of the program are:(i) to promote the availability and timely execution of financial and material resources to respond to the effects of the health crisis caused by COVID-19; (ii) to 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) support the effective and continuous provision of essential goods and services through public policy and management measures; and iv) promote economic and fiscal recovery in the post-pandemic period.

Project Detail

Country

Guyana

Project Number

GY-L1075

Approval Date

December 16, 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 34,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 34,000,000.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
5201/BL-GY	Sovereign Guaranteed	USD - United States Dollar	May. 2, 2024	Jan. 22, 2021	Ordinary Capital	Flexible Financing Facility and Concessional Financing

Operation Number

5201/BL-GY

Lending Type: Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: May. 2, 2024
Signed Date: Jan. 22, 2021
Fund: Ordinary Capital
Financial Instrument: Flexible Financing Facility and Concessional Financing

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Implementation Phase

https://www.iadb.org/document.cfm?id=EZSHARE-2056220512-8618

Loan Contract

Contract - Program to Strengthen Public Policy and Fiscal Management in Response to the Health and Economic Crisis C.pdf

Aug. 19, 2021

English

https://www.iadb.org/document.cfm?id=EZSHARE-522669563-34944

Project Monitoring Report ( Public version)

GY-L1075 Second period Jan-Dec 2020 - Public Report.pdf

Jul. 20, 2021

English

https://www.iadb.org/document.cfm?id=EZSHARE-965128629-49024

Loan Contract

Programa de Fortalecimiento de la Política Pública y Gestión Fiscal para la Atención de la Crisis Sanitaria y Económica Causada por la COVID-19 en Guyana.pdf

Dec. 20, 2020

Spanish

https://www.iadb.org/document.cfm?id=EZSHARE-965128629-49022

Loan Contract

Program to Strengthen Public Policy and Fiscal Management in Response to the Health and Economic Crisis Caused by COVID-19 in Guyana.pdf

Dec. 20, 2020

English

https://www.iadb.org/document.cfm?id=EZSHARE-117284090-10

Loan Proposal

Guyana. Propuesta de préstamo para el _Programa de Fortalecimiento de la Política Pública y Gestión Fiscal para la Atención de la Crisis Sanitaria y Económica Causada por la COVID-19 en Guyana”.pdf

Dec. 08, 2020

Spanish

https://www.iadb.org/document.cfm?id=EZSHARE-117284090-11

Loan Proposal

Guyana. Loan proposal for the _Program to Strengthen Public Policy and Fiscal Management in Response to the Health and Economic Crisis Caused by COVID-19 in Guyana”.pdf

Dec. 08, 2020

English