Asian Development Bank Approves $106.9 Million Financing Package for Sri Lanka's Healthcare Sector

Strategic Insights -

The Asian Development Bank (ADB) has approved a $106.9 million financing package to strengthen Sri Lanka's secondary curative care services, improve communicable disease prevention and control, and enhance the healthcare sector's governance and management capacity. The funding will support the 'Strengthening Integrated Health Care and Governance for Universal Health Coverage Program,' which aims to improve the quality, capacity, and efficiency of secondary care services nationwide. The program will enhance patient-centered treatments and care services, increase the availability of integrated and specialist treatment services, and improve hospital infrastructure and service processes.

Key Takeaways:

  • The ADB has approved a $106.9 million financing package for Sri Lanka's healthcare sector to strengthen secondary curative care services and improve communicable disease prevention and control.
  • The funding consists of a $100 million loan from the ADB and a $6.9 million grant from the 'Pandemic Prevention, Preparedness, and Response Trust Fund.'
  • The program will support the development of secondary hospitals, improve the availability of integrated and specialist treatment services, and enhance hospital infrastructure and service processes.
  • The program aims to transform secondary healthcare into the first referral care in patient care pathways and improve integration with primary healthcare facilities and non-health Government services.
  • The program will support the establishment of a centre for disease control, improve the capacity and accreditation mechanism of public health laboratories, and help implement cross-sectoral integrated disease surveillance.
  • The program will also support measures to enhance the logistical capacity and quality assurance of pharmaceuticals, digitalization of the Government procurement system, and institutionalization of good Government procurement practices in the health sector.
  • The funding is part of the ADB's support to the Government's effort to strengthen integrity in the pharmaceutical regulatory, procurement, and supply chain.

Statistics:

  • $106.9 million: Total finance package approved by the ADB for Sri Lanka's healthcare sector.
  • $100 million: Loan amount from the ADB for the 'Strengthening Integrated Health Care and Governance for Universal Health Coverage Program.'
  • $6.9 million: Grant amount from the 'Pandemic Prevention, Preparedness, and Response Trust Fund' for the program.
  • 100%: The program will benefit the entire population of Sri Lanka, improving access to and the quality of health services.

Sources:

  • Statement from the Asian Development Bank.
  • Personal statements from Takafumi Kadono, ADB Country Director for Sri Lanka.
  • 'Pandemic Prevention, Preparedness, and Response Trust Fund.'