Assessment of the Effects and Impacts of the COVID-19 Pandemic in The Bahamas
Date
Jul 2022
This DALA Assessment report collects and integrates relevant data for the authorities of the government of the Bahamas, on the effects on the different social, productive, services and infrastructure sectors, which have been caused in the country for the period 2020 -2023 due to the impact generated by the Covid-19 pandemic in the Bahamas.
The COVID-19 pandemic has disrupted the world's economic order and global public health. Social distancing measures to curb the spread of the virus created significant challenges for global economic activity. Sectors such as tourism which depend on the movement of people virtually shut down. The economy of The Bahamas is heavily reliant on tourism, which accounts for approximately 50% of the country's Gross Domestic Product (GDP). The pandemic also highlighted the country's socio-economic vulnerability as businesses and citizens felt the crunch These impacts highlighted the need for comprehensive Disaster Risk Management (DRM) and Health Risk Management (HRM) among other strategies and instruments to serve the country better.
The Inter-American Development Bank (IDB) is proud of its long-standing partnership with the Government, businesses, and people of The Bahamas towards improving lives and future outcomes.
Given the impact of COVID-19 on the health of citizens and the main productive sectors of the economy, the IDB responded to support recovery. The IDB formed a pilot team Preparedness, Recovery and Reconstruction Country Team (P2RCT) for the coordination of DRM and HRM matters in The Bahamas.
P2RCT is supporting the country as it improves its response and resilience to natural disasters and other disaster events with the potential to negatively impact the country's already compromised social and economic development. Through a partnership with the Economic Commission for Latin America and the Caribbean (ECLAC), the Bank deployed a team of local and international research experts to the evaluate and collect pertinent data to prepare this report and to provide recommendations that could inform the creation of a sustainable Health Risk Management (HRM) framework.
The COVID-19 pandemic has disrupted the world's economic order and global public health. Social distancing measures to curb the spread of the virus created significant challenges for global economic activity. Sectors such as tourism which depend on the movement of people virtually shut down. The economy of The Bahamas is heavily reliant on tourism, which accounts for approximately 50% of the country's Gross Domestic Product (GDP). The pandemic also highlighted the country's socio-economic vulnerability as businesses and citizens felt the crunch These impacts highlighted the need for comprehensive Disaster Risk Management (DRM) and Health Risk Management (HRM) among other strategies and instruments to serve the country better.
The Inter-American Development Bank (IDB) is proud of its long-standing partnership with the Government, businesses, and people of The Bahamas towards improving lives and future outcomes.
Given the impact of COVID-19 on the health of citizens and the main productive sectors of the economy, the IDB responded to support recovery. The IDB formed a pilot team Preparedness, Recovery and Reconstruction Country Team (P2RCT) for the coordination of DRM and HRM matters in The Bahamas.
P2RCT is supporting the country as it improves its response and resilience to natural disasters and other disaster events with the potential to negatively impact the country's already compromised social and economic development. Through a partnership with the Economic Commission for Latin America and the Caribbean (ECLAC), the Bank deployed a team of local and international research experts to the evaluate and collect pertinent data to prepare this report and to provide recommendations that could inform the creation of a sustainable Health Risk Management (HRM) framework.
