Thursday, January 23 2025 11:45
Naira Badalian

ADB to provide EUR 45.3mln to Armenia for health care improvement 

ADB to provide EUR 45.3mln to Armenia for health care improvement 

ArmInfo. The Asian Development Bank (ADB) will provide Armenia with a $50 million loan to improve  the quality of healthcare. On January 23, the Armenian Cabinet approved proposals to sign a loan agreement between the Republic of Armenia and the ADB.

As stated in the explanatory note to the document, the results-based  lending (RBL) program proposed by the ADB in the amount of 45.3  million euros will be aimed at: construction and improvement of  healthcare facilities; digitalization and institutionalization of  quality assessment and accountability of healthcare services;  licensing of medical institutions; development of human capital in  the healthcare sector; implementation of a pilot telemedicine  program; improvement of the use of e-health tools.

The ADB has been cooperating with Armenia since 2005. As of April  2024, the Bank has implemented numerous projects in Armenia worth  $1.9 billion, which were aimed at developing the transport,  financial, energy, water and other infrastructure sectors.