Antigua and Barbuda - Public and Social Sector Transformation Project (PSST) : restructuring

The development objectives of Public and Social Sector Transformation Project for Antigua and Barbuda is to assist the Borrower in: (i) strengthening its capacity in managing public policies and the public service; (ii) improving the efficiency of social protection spending through an integrated monitoring and targeting system; and (iii) improving the income and employability of the vulnerable population through temporary employment and training programs. The second level of restructuring would entail: (i) cancellation of the unwithdrawn loan balance; (ii) a change in the project closing date to September 30, 2017; and (iii) a reallocation of loan proceeds.