World Bank provides US $ 200 mn to improve health sector

29 Mar 2013 - {{hitsCtrl.values.hits}}

The World Bank has provided US $ 200 million to further enhance health sector services in Sri Lanka, a communiqué by the Colombo office of the global lender said.

The funding is expected to help the country to upgrade the standards of performance of the public health system and enable it to better respond to the challenges of a middle income country.

Accordingly World Bank will provide approximately US $ 190 million to support the implementation of the recently prepared National Health Development Plan 2013 to 2017 of the Ministry of Health and US $ 10 million will be made available for implementing innovations to improve the quality of care and efficiency of the health sector.

The IDA terms for this concessionary loan are at 1.25 percent interest rate with a grace period of 5 years and a 20 year payment period.

Economy

World Bank provides US $ 200 mn to improve health sector

Most Popular Articles

Third review approved by IMF, SL to get next US$ 333 million tranche

Niloufer Esufally-Anverally Makes a Stylish Comeback with the Launch of NLFR

Global Entrepreneurship Week 2024 kicks off across all 25 districts

LATES'T NEWS

Only invigilators allowed to use mobile phones during A/L exams this time

Mahinda Deshapriya’s house in Ambalangoda robbed

Low-pressure area over Bay of Bengal intensifying into depression tomorrow

Local Government polls to be held early next year: Vijitha

Another student injured in Badulla KDU bus accident dies