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Barbados’ ConSOC Discuss Remedy to Boost Disbursements and a Prescription for On-time Project Execution of IDB Funded Loans

September 14, 2014 by Leave a Comment


The IDB’s Barbados Civil Society Consulting Group (ConSOC) recently held a tripartite meeting with representatives of the Government and the IDB.

According to Chairman, of ConSoc Lynette Holder, who is also the CEO of the Barbados Small Business Association, the purpose of the meeting was for the ConSOC members to hear the state of implementation of Barbados’ IDB-funded loans.  Holder said that she was keen to see the ConSOC group achieve some tangible results.  The Barbados ConSOC has therefore planned a year of activities that include reaching out to the wider ConSOC sector, media releases and the conceptualization of a developmental project.

The meeting with the government representative kick-started the year for the group and fell within their objective to advocate for on-time execution of IDB-funded projects.

There are currently nine active operations in execution, with a total approved amount of US$142 million: (Perhaps instead of listing the names of the projects, the sectors could be identified?)

  • Modernization of the Barbados National Standards System
  • Modernization of the Barbados National Procurement System
  • Barbados Competitiveness Program
  • Modernization of the Barbados Statistical Service
  • Coastal Risk Assessment and Management Program
  • Water and Sanitation System Upgrade
  • Skills for the Future
  • Sustainable Energy Investment Program
  • Public Sector Smart Energy Program

Though faced with implementation delays, last year was a milestone year for Barbados as it received one of the highest disbursements level (US$23.7 million) in the IDB’s history on the island.  So what is the formula for last year’s success?  IDB and the Government of Barbados took the following prescription:

  • Consistent dialogue and communication
  • Sustained training efforts with the Project Execution Units (PEUs) on project management and other elements
  • An IDB procurement specialist on site so that there is swift response to procurement issues
  • Specific communications with the PEUs where IDB Officials meet with the PEUs as regularly as possible to provide support and ensure collaboration
  • Streamlining of reporting mechanisms and instruments
  • Cancelation of underperforming operations in the portfolio

As part of its outreach for 2014, ConSOC’s next activity is a training forum entitled “Project Development for Civil Society Organisations” to which a selection of wider civil society will be invited.


Filed Under: Barbados, Climate Change & Environment, Innovation & Change Tagged With: Barbados, Barbados Competitiveness Program, Barbados Small Business Association, civil society, Coastal Risk Assessment and Management Program, ConSOC, flood waters, modernization, sustainable energy, sustainable energy investment program

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Caribbean Dev Trends

We provide unique and timely insights on the Caribbean and its political, social, and economic development. At the IDB, we strive to improve lives in the Caribbean by creating vibrant and resilient economies where people are safe, productive and happy.

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