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Barbados COVID-19 Response and Recovery DPF

Abstract*

The development objective of the COVID-19 Response and Recovery Development Policy Financing in Barbados is to support Barbados’ response to the COVID-19 crisis and to promote the post-crisis economic recovery. This operation supports the government in responding to the COVID-19 pandemic and in creating the conditions for the country’s economic recovery. Pillar 1, strengthening the response to COVID-19, focuses on continuing to deliver a strong economic...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The development objective of this operation is to support Barbados’ response to the COVID-19 crisis and to promote the post-crisis economic recovery.

Key Details

Project Details

  • P175492

  • Closed

  • Anton Dobronogov

  • Barbados

  • Barbados

  • December 2, 2020

  • (as of board presentation)

    June 24, 2021

  • June 29, 2021

  • US$ 0.00 million

  • Ministry of Finance, Economic Affairs and Investment (MFEI)

  • Latin America and Caribbean

  • 2021

  • US$ 100.00 million

  • N/A

  • August 16, 2023

  • June 30, 2022

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 100.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 100.00
IDA Commitment N/A
IBRD + IDA Commitment 100.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of February 28, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Jul 1, 2024 IBRD-92760 Int Charges 3,382,427.20
Jul 1, 2024 IBRD-92760 Int Charges 21,593.75
Jan 1, 2023 IBRD-92760 Int Charges 106,329.47
Jan 1, 2023 IBRD-92760 Int Charges 2,033,752.60
Jun 24, 2021 IBRD-92760 Loan Commitment 100,000,000.00
Jul 1, 2023 IBRD-92760 Int Charges 156,121.10
Jul 1, 2023 IBRD-92760 Int Charges 2,803,919.20
Jun 30, 2021 IBRD-92760 Loan Disb 99,750,000.00
Jun 29, 2021 IBRD-92760 Loan Disb 250,000.00
Jan 1, 2024 IBRD-92760 Int Charges 3,351,557.20
Jun 29, 2021 IBRD-92760 Fee Charges 250,000.00
Jan 1, 2024 IBRD-92760 Int Charges 54,665.71
Jul 1, 2022 IBRD-92760 Int Charges 622,617.10
Jan 1, 2022 IBRD-92760 Int Charges 3,007.50
Jan 1, 2022 IBRD-92760 Int Charges 557,111.10

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-27-2023
OutcomesSubstantial
Risk to Development Outcome
Bank PerformanceSubstantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 11-28-2023PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualityN/a

Results Framework

No data available.