ADB OKs $50M loan for improving RP health care services

Published by rudy Date posted on March 27, 2009

MANILA, Philippines — The Asian Development Bank’s (ADB) has approved a $50-million loan to the Philippine government to help improve the country’s health care services, and make them more accessible and affordable for the poor.

The project will focus on cities and municipalities outside Metro Manila and is expected to result in the increased use of basic health care and referral services by the poor, specifically women and children.

The loan will finance the construction of new public health facilities and will be used to acquire state-of-the-art equipment for existing facilities. Focusing on maternal and child health care providers, the loan will aid them qualify for higher accreditation and increased financing from the Philippine Health Insurance Corp. (Philhealth).

The Better Health Care Project will also provide financial support to small private health providers – midwifery clinics, diagnostic facilities, and community drug stores – to allow them to move closer to rural communities. It will also provide funds for capital investment and working capital to promote a more efficient health care delivery system through the outsourcing of services, and establishing private insurance schemes.

The ADB loan will have a 25-year repayment term, including a grace period of 6 years and an interest rate determined in accordance with ADB’s London inter-bank offered rate (LIBOR)-based lending facility.

April 2025

World Day for Safety and Health at Work
“Safety and health at work every day!”

Invoke Article 33 of the ILO constitution
against the military junta in Myanmar to carry out the 2021 ILO Commission of Inquiry recommendations against serious violations of Forced Labour and Freedom of Association protocols.
Accept National Unity Government
(NUG) of Myanmar.
Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideos

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

Monthly Observances:

March – Women’s Role in History Month
April – Month of Planet Earth

Weekly Observances:
Last Week of March: Protection and Gender Fair Treatment of the Girl Child Week
Last Week of April – World Immunization Week

Daily Observances:
Mar 25 – International Day of Remembrance of the Victims of Slavery and the Transallantic Slave Trade
Mar 27– Earth Hour
Apr 21 – Civil Service Day
Apr 22 – World Earth Day
Apr 28 – World Day for Safety and Health at Work

Trade Union Solidarity Campaigns

No to Trafficking

Jobs! Jobs! Jobs!

Categories