Bangladesh gets $150 million from World Bank for health

The support will help the government address health sector challenges

The World Bank said on Sunday it has approved $150 million in additional financing to help improve Bangladesh's health systems and services. PHOTO: Reuters

The World Bank said on Sunday it has approved $150 million in additional financing to help improve Bangladesh's health systems and services, bringing its total support for health projects in the country to $508.9 million.

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The support will help the government address health sector challenges, including sustaining and improving immunization coverage, improving deliveries for pregnant women at public health facilities and tackling multi-drug resistant tuberculosis, the World Bank said in a statement.

Bangladesh has reduced under-five child mortality by 29 percent between 2007 and 2014, and during the same period, births attended by medically trained professionals increased from 21 percent to 42 percent.


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The financing will also help Bangladesh improve public financial management to get more value from its public spending on health and support development of a health information system, including a web-based complaint-handling mechanism.



The credit from the World Bank's International Development Association has a 38-year term, including a six-year grace period and a service charge of 0.75 percent.
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