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Home / Health News / Karnataka health project to be funded by World Bank

Karnataka health project to be funded by World Bank

The Karnataka health systems development and reform project will be financed through a loan of $70 million (Rs.387 crore) from the World Bank. An agreement for the assistance was signed by joint secre

By: Admin   | | Published: November 23, 2012 8:10 am
Tags: World Bank  
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The Karnataka health systems development and reform project will be financed through a loan of $70 million (Rs.387 crore) from the World Bank. An agreement for the assistance was signed by joint secretary in the finance ministry Prabodh Saxena, World Bank (India) operations advisor Michael Haney and state project administrator R. Vishal in the national capital on Wednesday. Also Read - World Bank pledges $150 mn for fight against Zika

‘The objective of the loan is to improve the health services delivery, public-private collaboration and financing particularly for the benefit of underserved and vulnerable groups in Karnataka,’ the bank said in a statement on Thursday. Also Read - Latest Ebola News: World Bank trims estimate; Guinea, Liberia, and Sierra Leone continue to bear heavy cost



The project envisages strengthening of state-run health programmes, innovations in service delivery ad health financing, project management, monitoring and evaluation. Also Read - Latest Ebola News: World Bank appreciates G20 leaders' commitment to fight Ebola

‘The project financing will be implemented till March 31, 2016,’ the statement added.

Source: IANS

Published : November 23, 2012 8:10 am
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