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World Bank Allocates $22 Million Credit to Armenian Health System

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  • World Bank Allocates $22 Million Credit to Armenian Health System

    WORLD BANK ALLOCATES 22 MILLION DOLLAR CREDIT TO ARMENIAN HEALTH SYSTEM

    YEREVAN, MARCH 9, NOYAN TAPAN. The World Bank Board of Directors
    approved the second credit program of 22 mln USD for modernization of
    Armenia's health system. The credit is provided for 20 years with a
    10-year grace period and 75% interest rate. The agreement on credit was
    signed on March 9 by the RA Minister of Finance and Economy Vardan
    Khachatrian and the WB Yerevan Office's Acting Director Naira
    Melkumian. According to V. Khachatrian, within the program, assistance
    will be provided to extend primary health services based on family
    medicine and to modernize net of hospitals in marzes. The program's aim
    is to ensure management of risks to public health, accessibility and
    quality improvement of health services provided to most vulnerable
    groups of the population. Repairs will be done in 50 rural ambulance
    stations, and prior to program's completion the population of marzes
    will be provided with high-quality services of family medicine.
    According to WB, although some progress has been registered in Armenia
    recently in terms of provision of health services, their accessibility
    and quality of their use remains low. Citizens use more services of
    policlinics and hospitals than primary health care medical
    establishments.

    From: Emil Lazarian | Ararat NewsPress
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