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Sri Lanka secures $106.9 Million from ADB
Colombo, Oct. 17 (Daily Mirror) - The Government of Sri Lanka has secured financial assistance from the Asian Development Bank (ADB) to support the Strengthening Integrated Health Care and Governance for Universal Health Coverage Program.
The agreement includes a USD 100 million loan under ADB’s Regular Ordinary Capital Resources and an externally financed grant of USD 6.9 million from the Pandemic Prevention, Preparedness and Response Trust Fund (Pandemic Fund). The funding will be provided under the Result-based Lending modality.
The program aims to support the national strategic framework for improving the efficiency and quality of secondary health services as the first referral care, ensuring progress toward universal health coverage. It focuses on three main areas such as enhancing first referral care services, strengthening pandemic prevention, preparedness, and response and improving technical capacity in the health sector and managing the pharmaceutical supply chain.
The Ministry of Health and Mass Media will serve as the Executing and Implementing Agency, with all nine Provincial Departments of Health Services acting as Implementing Agencies.
The Loan and Grant Agreements were signed on today at the Treasury in Colombo by Dr. Harshana Suriyapperuma, Secretary to the Ministry of Finance, Planning and Economic Development, on behalf of the Government of Sri Lanka, and Mr. Takafumi Kadono, Country Director of ADB Sri Lanka Resident Mission, representing the Asian Development Bank.
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