The Bahamas COVID-19 Response and Recovery DPF

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The development objective of the COVID-19 Response and Recovery Development Policy Loan Project in Bahamas supports COVID-19 relief and lay the foundation for resilient economic recovery in The Bahamas. It includes policy reforms for a broader economic and social response to the crisis, including the protection of jobs, lives, and livelihoods. Furthermore, given the fragile fiscal and debt situation, the operation also supports measures to ensure fiscal and debt resilience as well as financial stability in a post-COVID-19 environment. The operation supports prior actions under three pillars: (i) enhancing COVID-19 relief and resilience; (ii) strengthening financial stability and the business environment; and (iii) improving fiscal sustainability and resilience.