Cistran Finance Exploring the Spirit of Capitalism's New Frontier

Tuesday, December 12, 2017

World Bank provides health initiative support in Ukraine

The World Bank announced on Wednesday that it would be supporting the Serving People, Improving Health Project to help implement health infrastructure improvements and reforms.

The bank's board of executive directors approved a loan of $214.73 million. The project aims to improve first response and emergency services and produce a new funding mechanism to keep hospitals at full capacity and improve their treatment.

"Given that most Ukrainians consider health as one of their top life priorities, we are pleased to support a project that will help them become healthier," said Qimiao Fan, World Bank country director for Belarus, Moldova and Ukraine. "This new investment will help improve the quality and availability of health services to millions of Ukrainians in selected regions, and contribute to more efficient use of resources in the healthcare system."

Components of this project also include implementation of frameworks and support for improved health financing and information systems. The Ministry of Health will also begin a public awareness campaign to educate the citizenry about symptoms and preventative measures against cancers and cardiovascular diseases.

Organizations in this story

The World Bank 1818 H St NW Washington, DC - 20433

Get notified the next time we write about The World Bank!