$200m WB loan for dev of health sector

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UNB, Dhaka :
The government on Thursday signed two financing agreements totalling to $200 million with the World Bank, aiming to improve health services and the living condition of urban poor in selected municipality areas.
Economic Relations Division (ERD) Additional Secretary Kazi Shofiqul Azam and Acting World Bank country director Zahid Hussain signed the agreements at the Economic Relations Division on behalf of the government and the World Bank respectively. The credits from the World Bank’s
International Development Association, its grant to low-interest loan arm, have a 38-year term, including a six-year grace period, and a service charge of 0.75 percent.
The $150 million additional financing to the Health Sector Development Program will continue to support the government to mitigate health sector challenges, including sustaining and improving immunization coverage; further improving deliveries for pregnant women at public health facilities; tackling multi-drug resistant tuberculosis; and, strengthening health systems. “These two financings will help Bangladesh improve the lives and living standards of its population.
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