IDB grants loan to Barbados

IDB grants loan to Barbados

Loans Debt Economy & Policy Barbados Caribbean

The Inter-American Development Bank (IDB) has supplied an $80 million loan for Barbados to "modernize its regulatory framework," it said in a press release. The government of Barbados will use the money to update policies for managing water resources, natural assets and disaster risk, according to the IDB. The policies include new legislation for returnable containers to promote recycling and reduce pollution along the coast. They also include cost-cutting measures for disaster risk management u

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