ADB provides USD50mn for Sri Lanka’s health system enhancement project

ADB-LOAN

Oct 26, 2018 (LBO) – Government has mobilized Grant and Concessional Loan assistance amounting to 50 million US dollars from the Asian Development Bank.

This will be used to improve the efficiency, equity and responsiveness of the Primary Health Care system in line with the National Strategic Framework for Development of Health Services (2016 – 2025).

The proposed Health System Enhancement Project will be implemented in four provinces namely Uva, Sabaragamuwa, Central and North Central with geographically, socially and economically deprived populations.

The proposed ADB financing is comprised of a grant of 12.5 million dollars and a concessional loan of 37.5 million dollars.

The total investment cost of the Project is 60 million dollars and the Government’s contribution to the project is 10 million dollars.

Secretary to the Finance Ministry Dr. R H S Samarathunga and Country Director of ADB Sri Widowati signed the Loan Agreement and the Grant Agreement today at the Finance Ministry.