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-L1083

Approval Date

July 13, 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 130,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 130,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
5560/OC-GY Sovereign Guaranteed USD - United States Dollar Ordinary Capital Flexible Financing Facility
Operation Number 5560/OC-GY
  • 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-2056220512-9125
Loan Contract
Contract - Program to Strengthen Public Policy and Fiscal Management in Response to the Health and Economic Crisis Caused by C-19 in Guyana II.pdf
Nov. 14, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-2056220512-9074
Loan Contract
Contract - Program to Strengthen Public Policy and Fiscal Management in Response to the Health and Economic Crisis Caused by COVID-19 in Guyana II.pdf
Sep. 20, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-965128629-49472
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
Jul. 25, 2022
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-965128629-49473
Loan Contract
Program to Strengthen Public Policy and Fiscal Management in Response to the Health and Economic Crisis Caused by COVID-19 in Guyana II.pdf
Jul. 25, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-481574382-38
Loan Proposal
GY-L1083 - Programa de Fortalecimiento de la Politica Publica y la Gestion Fiscal para la Atencion de la Crisis Sanitaria y Economica causada por el COVID en Guyana II.pdf
Jul. 05, 2022
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-481574382-39
Loan Proposal
GY-L1083 - Program to Strengthen Public Policy and Fiscal Management in Response to the Health and Economic Crisis Caused by COVID-19 in Guyana II”.pdf
Jul. 05, 2022
English

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