World Bank approves loan to improve Chinese healthcare services
11-May-17, Ecns.cn
The World Bank announced it has approved a loan of USD600 mn to China to help improve the quality and efficiency of healthcare services in Anhui and Fujian provinces.
%20National%20Health%20and%20Family%20Planning%20Commission%20of%20the%20PRC.jpg "World Bank approves loan to improve Chinese healthcare services (c) National Health and Family Planning Commission of the PRC")
Image: National Health and Family Planning Commission of the PRC
The program will use the Program-for-Results (PforR) instrument, created in 2012, that links loan disbursements to tangible results on the ground.
"China has made impressive gains in improving overall health outcomes in past decades, but now faces new challenges: an aging population, an increasing burden of chronic diseases, and fast-rising health expenditures," said Ramesh Govindaraj, World Bank Lead Health Specialist and team leader for the program.