Program to Strengthen Social Services in Barbados II

The general objective is to strengthen the effectiveness and efficiency of social policies and sustainability of social security in Barbados. The specific objectives are to: (i) improve the administrative efficiency of contributory and Non-Contributory Social Protection (NCSP); (ii) strengthen the institutional and normative framework to improve coverage and quality of policies to promote gender equality, inclusion of Persons with Disabilities (PwD) and the protection of vulnerable groups; and (iii) strengthen the long run sustainability of social security.

Project Detail

Country

Barbados

Project Number

BA-L1062

Approval Date

January 29, 2025

Project Status

Implementation

Project Type

Loan Operation

Sector

SOCIAL INVESTMENT

Subsector

PENSIONS & SOCIAL SECURITY

Lending Instrument

Préstamo de Apoyo a Reformas de Política

Lending Instrument Code

PBL

Modality

PBP (Programmatic Policy Base Loan)

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 100,000,000.00

Country Counterpart Financing

Original Amount Approved

USD 100,000,000.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
5980/OC-BA	Sovereign Guaranteed	USD - United States Dollar	Mar. 13, 2025		Ordinary Capital	Flexible Financing Facility

Operation Number

5980/OC-BA

Lending Type: Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Mar. 13, 2025
Signed Date:
Fund: Ordinary Capital
Financial Instrument: Flexible Financing Facility

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Implementation Phase

https://www.iadb.org/document.cfm?id=EZIDB0000366-965128629-50543

Loan Contract

Programa para Fortalecer los Servicios Sociales en Barbados II - BA-L1062.pdf

Feb. 05, 2025

Spanish

https://www.iadb.org/document.cfm?id=EZIDB0000366-965128629-50542

Loan Contract

Program to Strengthen Social Services in Barbados II - BA-L1062.pdf

Feb. 05, 2025

English

https://www.iadb.org/document.cfm?id=EZIDB0001334-1940742894-37

Loan Proposal

Barbados. Loan proposal for the _Program to Strengthen Social Services in Barbados II” Public.pdf

Jan. 29, 2025

English

https://www.iadb.org/document.cfm?id=EZIDB0001334-1940742894-40

Loan Proposal

Barbados. Propuesta de prestamo para el _Programa para Fortalecer los Servicios Sociales en Barbados II” Publico.pdf

Jan. 29, 2025

Spanish