• Home
  • |
  • About Us
  • |
  • Contact Us
  • |
  • Login
  • |
  • Subscribe
World Bank’s $500 million health sector cash ends 2019
  • Post by Admin on sunday, March 05, 2015

The World Bank Group’s Board of Executive Directors approved $500 million International Development Association (IDA) credit to significantly improve maternal, child, and nutrition health services for women and children.

The implementation of the scheme which began in 2015 will end by December 2019. By improving access to higher quality health services, the new development financing will help Nigeria to achieve its "Saving One Million Lives (SOML) Initiative," which was launched by the Federal Ministry of Health in October 2012 to save the lives of the more than 900,000 women and children who die every year in Nigeria from largely preventable causes.

"Saving One Million Lives is a bold response from the Nigerian government to improve the health of the country’s mothers and children so they can survive illness and thrive.  This, in turn, will also contribute to the social and economic development of Africa’s largest economy," said Benjamin Loevinsohn, a Lead Health Specialist and Task Team Leader for the new project.

Photo Caption: World Bank President  Jim Yong Kim 

Leave a comment