The objective of the programme is to strengthen the efficiency, efficacy and equity of Jamaica's 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 include: (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

Jamaica

Project Number

JA-L1088

Approval Date

March 9, 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

Uncategorized Directive B.13

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
5499/OC-JA Sovereign Guaranteed USD - United States Dollar Ordinary Capital Flexible Financing Facility
Operation Number 5499/OC-JA
  • 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-2056220512-8861
Loan Contract
Contract - Strengthening Fiscal Policy and Management Programme to Respond to the Public Health Crisis and Economic Effects of COVID-19 in Jamaica II.pdf
Mar. 25, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-965128629-49418
Loan Contract
Segunda Operación en el Marco del Programa de Fortalecimiento de la Política y Gestión Fiscales para Responder a la Crisis de Salud Pública y los Efectos Económicos Causados por la COVID-19 en Jamaica.pdf
Mar. 15, 2022
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-965128629-49419
Loan Contract
Strengthening Fiscal Policy and Management Programme to Respond to the Public Health Crisis and Economic Effects of COVID-19 in Jamaica II.pdf
Mar. 15, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-792257662-19
Loan Proposal
JA-L1088. Loan proposal.pdf
Mar. 09, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-792257662-20
Loan Proposal
JA-L1088. Propuesta de Prestamo.pdf
Mar. 09, 2022
Spanish
 Other Documents
https://www.iadb.org/document.cfm?id=EZSHARE-792257662-17
Electronic Links
Policy Letter.pdf
Mar. 09, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-792257662-6
Electronic Links
JA-L1088 Matriz Comparativa GRT.docx
Mar. 09, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-792257662-3
Electronic Links
JA-L1088 - Monitoring and Evaluation Plan.docx
Mar. 09, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-792257662-2
Electronic Links
JA-L1088 - Means of Verification.docx
Mar. 09, 2022
English

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