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World Bank approves US$ 15.4 million loan for health system in Albania
Tirana, March 14, (AENews) – World Bank announced today that it had approved a new loan of US$15.4 million to finance the Health System Modernization project in Albania.
The total cost of the Project is estimated at US$19.1 million and will be co-financed by the Government of Japan (US$1.6 million) and the Government of Albania (US$2.1 million).
“The project will help the government improve both physical and financial access to health services with an emphasis on the poor and those in rural and remote areas,” World Bank press release said.
“The quality of health care in Albania is low compared with other countries in South East Europe, particularly at the primary care level. Physical and human resources in the health sector need to be aligned with the population’s health needs. Productivity in this sector is low and the efficiency of resource use can be improved,” press release said.
Since Albania joined the World Bank in 1991, Bank commitments to the country total approximately US$808 million for 58 operations.
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on Mar 14th, 2006 and filed under Uncategorized.
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