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Health care industry

Sri Lanka and ADB Sign $106.9 Million Deal for Universal Health Coverage

Strategic Insights

— 1 min read

Sri Lanka's Ministry of Finance has announced that the country has secured a significant investment to improve its healthcare system. The Asian Development Bank (ADB) has agreed to provide a $106.9 million funding package to support the Strengthening Integrated Health Care and Governance for Universal Health Coverage Program. This program aims to enhance the efficiency and quality of secondary health services, ensuring progress towards universal health coverage in Sri Lanka.

Key Takeaways:

  • The ADB has provided a $100 million loan under its Regular Ordinary Capital Resources, and an additional $6.9 million grant from the Pandemic Prevention, Preparedness and Response Trust Fund to support the program.
  • The program will be implemented under a results-based lending model, focusing on three core areas: enhancing first referral care services, improving pandemic prevention and preparedness, and strengthening technical capacity and pharmaceutical supply chain management.
  • The program aims to improve the efficiency and quality of secondary health services as the first level of referral care, ensuring progress towards universal health coverage in Sri Lanka.
  • The Ministry of Health and Mass Media will serve as the main executing and implementing agency, while all nine Provincial Departments of Health Services will participate as implementing agencies.
  • Sri Lanka's national strategic framework for health sector reform aligns with the program, which aims to build resilience in the country's health system through improved governance and service delivery.
  • The program was signed by Treasury Secretary Dr. Harshana Suriyapperuma on behalf of the Government of Sri Lanka, and ADB Country Director Takafumi Kadono.

Statistics:

  • $106.9 million: The total funding package provided by the ADB to support the Strengthening Integrated Health Care and Governance for Universal Health Coverage Program.
  • $100 million: The loan provided by the ADB under its Regular Ordinary Capital Resources.
  • $6.9 million: The grant provided by the Pandemic Prevention, Preparedness and Response Trust Fund.
  • 3: The number of core areas the program will focus on: enhancing first referral care services, improving pandemic prevention and preparedness, and strengthening technical capacity and pharmaceutical supply chain management.
  • 9: The number of Provincial Departments of Health Services participating as implementing agencies.

Sources:

  • Sri Lanka Ministry of Finance
  • Asian Development Bank (ADB)

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