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Human and Economic Assessment of Impact - Barbados
Human and Economic Assessment of Impact - Barbados
June 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.