Human and Economic Assessment of Impact - Barbados

Jun 8, 2020

This report outlines a number of recommendations including: enabling the availability of low-cost options for internet access to improve the livelihood potential of the
most vulnerable in society and reduce inequalities due to moving to online learning by broadening access to the internet for children in poverty; inclusion of informal
workers into the formal economy through the National Insurance Scheme which in the long term will increase the number of contributions and significantly improve the
health of the National Insurance Fund; expansion of the Central Bank of Barbados’ Credit Guarantee scheme; ensuring social assistance for all who need it, including
making unemployment benefits for self-employed individuals permanent to reduce their vulnerability in times of uncertainty and increasing the attractiveness of
the entrepreneurship sector which serves as the engine for economic growth; and increasing the limit on the Health Service Levy to expand healthcare facilities and
make contributions progressive.

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