The IDB Country Office of Barbados is supporting the country’s goal of fully transitioning to renewable energy while fostering fiscal sustainability, safeguarding social outcomes, and promoting higher productivity and competitiveness to enhance the country’s growth potential.
The Bank’s Country Strategy with Barbados for the 2019-2023 period focuses on three areas of engagement:
(i) fostering fiscal sustainability and a more efficient public sector;
(ii) safeguarding social outcomes; and
(iii) promoting higher productivity and competitiveness to enhance the country’s growth potential. The crosscutting issues of climate change and natural disaster risk management, gender, and institutional strengthening, will be considered and included in all strategy efforts. In addition urban management and health are dialogue areas under the strategy.
Our Team on The Ground
Address: "Hythe" Welches Maxwell Main Road BB17068 Christ Church, Barbados
Mailing Address: P.O. Box 402 Bridgetown BB11000, Barbados
(T) (1-246) 627-8500
(F) (1-246) 429-8869
Executive Director: Robert Lennard Le Hunte
ALTERNATE EXECUTIVE DIRECTOR(S):
- Navita Anganu
ELECTED BY: Bahamas, Barbados, Guyana, Jamaica, and Trinidad and Tobago
Total Contribution: 3,976,690
Number of votes: 19,441
of the institution's ownership
Like all the shareholders, Barbados appoints a Governor, who represents the country on the Board of Governors.
For day-to-day business at the Bank's Headquarters in Washington, D.C., Barbados is represented by a chair on the Board of Executive Directors. The chair, shared with Bahamas, Guyana, Jamaica, and Trinidad and Tobago, is headed by an Executive Director, who is elected to a three-year term by the Governors of Barbados, Bahamas, Guyana, Jamaica, and Trinidad and Tobago.
Country strategies remain valid for one year beyond the stated period, as they remain active throughout the preparation of the following strategy.
| Project Number | Sector | Projects | Financing | Project Status | Approval Date |
|---|---|---|---|---|---|
| BA-U0002 | FINANCIAL MARKETS | Program to Build Climate and Financial Resilience in Barbados | 150,000,000 | Preparation | |
| BA-T1106 | ENERGY | Regulation Support to Fast Track the Energy Transition in Barbados | 200,000 | Preparation | |
| BA-L1062 | SOCIAL INVESTMENT | Program to Strengthen Social Services in Barbados II | Preparation | ||
| BA-T1112 | EDUCATION | Support for the Digital Transformation of the Caribbean Examinations Council | Preparation | ||
| BA-T1115 | SOCIAL INVESTMENT | Support to Social Policies and the Sustainability of Social Security in Barbados | Preparation | ||
| BA-T1105 | OTHER | Action Plan C&D | 290,280 | Implementation | |
| BA-T1102 | REFORM / MODERNIZATION OF THE STATE | Strengthening Fiscal Policy for Climate Change Actions in Barbados | 500,000 | Preparation | |
| BA-T1104 | SOCIAL INVESTMENT | Support to social policies in Barbados | 135,000 | Implementation |
The Bank’s Country Strategy with Barbados for the 2019-2023 period focuses on three areas of engagement:
(i) fostering fiscal sustainability and a more efficient public sector;
(ii) safeguarding social outcomes; and
(iii) promoting higher productivity and competitiveness to enhance the country’s growth potential. The crosscutting issues of climate change and natural disaster risk management, gender, and institutional strengthening, will be considered and included in all strategy efforts. In addition urban management and health are dialogue areas under the strategy.
Our Team on The Ground
Address: "Hythe" Welches Maxwell Main Road BB17068 Christ Church, Barbados
Mailing Address: P.O. Box 402 Bridgetown BB11000, Barbados
(T) (1-246) 627-8500
(F) (1-246) 429-8869
Executive Director: Robert Lennard Le Hunte
ALTERNATE EXECUTIVE DIRECTOR(S):
- Navita Anganu
ELECTED BY: Bahamas, Barbados, Guyana, Jamaica, and Trinidad and Tobago
Total Contribution: 3,976,690
Number of votes: 19,441
of the institution's ownership
Like all the shareholders, Barbados appoints a Governor, who represents the country on the Board of Governors.
For day-to-day business at the Bank's Headquarters in Washington, D.C., Barbados is represented by a chair on the Board of Executive Directors. The chair, shared with Bahamas, Guyana, Jamaica, and Trinidad and Tobago, is headed by an Executive Director, who is elected to a three-year term by the Governors of Barbados, Bahamas, Guyana, Jamaica, and Trinidad and Tobago.
Country strategies remain valid for one year beyond the stated period, as they remain active throughout the preparation of the following strategy.
| Project Number | Sector | Projects | Financing | Project Status | Approval Date |
|---|---|---|---|---|---|
| BA-U0002 | FINANCIAL MARKETS | Program to Build Climate and Financial Resilience in Barbados | 150,000,000 | Preparation | |
| BA-T1106 | ENERGY | Regulation Support to Fast Track the Energy Transition in Barbados | 200,000 | Preparation | |
| BA-L1062 | SOCIAL INVESTMENT | Program to Strengthen Social Services in Barbados II | Preparation | ||
| BA-T1112 | EDUCATION | Support for the Digital Transformation of the Caribbean Examinations Council | Preparation | ||
| BA-T1115 | SOCIAL INVESTMENT | Support to Social Policies and the Sustainability of Social Security in Barbados | Preparation | ||
| BA-T1105 | OTHER | Action Plan C&D | 290,280 | Implementation | |
| BA-T1102 | REFORM / MODERNIZATION OF THE STATE | Strengthening Fiscal Policy for Climate Change Actions in Barbados | 500,000 | Preparation | |
| BA-T1104 | SOCIAL INVESTMENT | Support to social policies in Barbados | 135,000 | Implementation |
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