Sri Lanka gets Rs15.5B Japanese loan to boost NCD healthcare
Jul 13, 2018 13:01 PM GMT+0530 | 0 Comment(s)
ECONOMYNEXT - Sri Lanka will get a concessionary yen facility worth 15.5 billion rupees from the government of Japan to boost specialist healthcare services for non-communicable diseases at rural hospitals and upgrade technology at biomedical and laboratory training facilities in the country, the Finance Ministry said.
"Non-communicable diseases (NCDs) like cardiovascular and cerebrovascular diseases have increased in the recent past in Sri Lanka due to changes in the economy and demography. Around 75 percent of deaths in Sri Lanka are caused by non-communicable diseases, according to WHO, " the Finance Ministry said. Heart diseases account for 40 percent of deaths.
The government is rolling out an initiative called the 'Health and Medical Service Improvement Project' to fight the increasing trend of NCDs.
The Japanese government will fund the project with a concessionary loan of 10.63 billion yen (approx. 15.5 billion rupees) through the Special Terms for Economic Partnership of the Japan International Cooperation Agency, the Finance Ministry said.
"This project will expect to improve the diagnosis and treatment of non- communicable diseases, especially cardiovascular diseases by improving the medical facilities and equipment in tertiary hospitals in Anuradhapuura, Kandy, Kurunegala, Badulla and Trincomalee," the Finance Ministry said.
It will also upgrade technology at the bio medical engineering services provided by the Health Ministry and at medical laboratory training institutions.
The project is scheduled for completion by 2023. (COLOMBO, 13 July, 2018)