$515m WB loan for health, nutrition services

Kazi Shofiqul Azam, Secretary, Economic Relations Division (ERD) under Finance Ministry, and Qimiao Fan, World Bank Country Director for Bangladesh, exchanging an agreement signing documents at ERD on Monday. Under the deal, Bangladesh will receive $515 m
Kazi Shofiqul Azam, Secretary, Economic Relations Division (ERD) under Finance Ministry, and Qimiao Fan, World Bank Country Director for Bangladesh, exchanging an agreement signing documents at ERD on Monday. Under the deal, Bangladesh will receive $515 m
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Economic Reporter :
Government of Bangladesh on Monday signed a $515 million financing agreement with the World Bank to improve the country’s health, nutrition, and population services.
The Health Sector Support Project will contribute to the government’s fourth health sector program, and support strengthening the country’s health system, improving quality and coverage of essential services, and enhancing equity, in particular through a focus on service improvements in Sylhet and Chittagong divisions, where key health indicators are below national averages, said a World Bank media release.
“Since 1975, the World Bank has been working closely with the government to improve the country’s health, nutrition and population outcomes. Bangladesh has made notable progress in cutting maternal and child mortality rates by more than half since 2000, and we are proud to have contributed to these successes,” said Qimiao Fan, World Bank Country Director for Bangladesh, Bhutan and Nepal. “This financing demonstrates the World Bank’s continued commitment to support government’s strategy to further improve the country’s health and nutrition services for all.”
The project will support the government in consolidating progress and filling remaining gaps in basic health services, including provision of quality delivery care in public health facilities for over 800,000 mothers as well as basic immunization coverage for nearly 5 million children in Sylhet and Chittagong divisions between 2017 and 2022.
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