Debt swap targets chronic disease, mental health, childhood obesity
Finance
Health
Legal
November 10, 2026
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The House of Assembly has approved legislation to double Barbados’s special loans limit to $5bn, paving the way for a $1.2bn debt swap expected to free up about $320m for healthcare.
The Special Loans (Amendment) Bill raises the special loan ceiling from $2.5bn to support a “debt-for-social” swap aimed at tackling chronic non-communicable diseases (NCDs) and improving healthcare infrastructure.
Opening the debate in the House of Assembly, Finance Minister Ryan Straughn said the legislative change formed part of a broader strategy to manage the nation’s liabilities without imposing heavy tax burdens on citizens.
Finance
Health
Legal
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