Sri Lanka heath sector to be modernized with US$200mn from World Bank

Sri Lanka's state minister of defence Ruwan Wijewardene (L) takes part in a press conference in Colombo on April 24, 2019. - A Sri Lankan security dragnet hunting those responsible for horrifying bombings that claimed more than 350 lives has scooped up a further 18 suspects, police said April 24, as pressure mounted on politicians to explain why no one acted on intelligence warnings. (Photo by ISHARA S. KODIKARA / AFP) (Photo credit should read ISHARA S. KODIKARA/AFP/Getty Images)

Apr 02, 2013 (LBO) – A 200 million US dollar credit has been approved to develop Sri Lanka’s health sector to meet the challenges of emerging new diseases, the World Bank said. Injuries affect mainly the young male population and account for 15 percent of all registered deaths and for approximately 18 percent of all public hospital admissions annually.

Kumari Vinodhani Navaratne, World Bank senior health specialist said developing a modern health management system, quality assurance and co-ordination between institutions was needed to address changing health needs of the country.

Out of the loan 190 million US dollars will be used to implement a recently prepared national health development plan 2012-2017 and 10 million US dollars will be used to improve efficiency, monitoring and capacity building.

Country director Diarietou Gaye said a modernized health system employing international standard will improve living standards and also help move towards a knowledge economy and sustained growth as envisaged in a government strategy.

The International Development Association window loan comes at 1.25 percent interest, a grace period of 5 years and 20-year repayme