Armenia ratifies €45.3 million ADB results-based loan for healthcare reforms

An Armenian parliamentary committee on Monday approved the bill on ratifying the Armenia-ADB €45.31 million loan agreement, Report informs via Armenpress.

The Asian Development Bank (ADB) had earlier approved a €45.31 million ($50 million equivalent) results-based loan to help improve the quality of health care services in Armenia.  

The Health Care Quality Improvement Program will support the Armenian government's health sector reform priorities by enhancing inclusive, as well as climate and gender-responsive health facilities in the country. The program will also strengthen capacity for improved delivery of high quality care and institutionalize quality monitoring and accountability, according to the ADB.