World Bank approves $51m credit to Saint Vincent, Grenadines to modernize hospital services
Additionally, the new hospital will incorporate a climate-resilient structure to ensure continuity of operations during climate events.
The World Bank approved a $ 51 million credit to Saint Vincent and the Grenadines to modernize hospital services and build a more resilient and sustainable health infrastructure and system, including the construction of a new acute care hospital and health sector reform. The project will benefit over 110,900 residents and about 350,000 tourists that visit the island each year.
Saint Vincent and the Grenadines, comprised of 32 small islands and cays, are vulnerable to natural disasters and extreme weather events that destroy health care infrastructure and service facilities and affect the entire population. The COVID-19 pandemic, and related outbreaks, such as increasing cases of dengue, hurricanes, and other climate-natural disasters, are disrupting the health system and worsening the economic and social conditions.
The project will support the country in strengthening the health sector to respond effectively to disease outbreaks, climate change, and natural disaster effects and help reduce the increasing burden of chronic diseases. Through this project, Saint Vincent and the Grenadines will reinforce the health system's adaptive capacity to create a safe, resilient, and transparent environment for sustained health service delivery and improved hospital performance.
"We are excited to support the people of Saint Vincent and the Grenadines with this project that blends much-needed health sector infrastructure investment with system reform. This project will play a catalytic role in modernizing hospital services for generations to come while leveraging primary care and transforming the health system. This investment will provide accessible, high-quality hospital services to the population and reduce the need for costly overseas care," said Michele Gragnolati, World Bank Practice Manager for Health, Nutrition, and Population for Latin America and the Caribbean.
Additionally, the new hospital will incorporate a climate-resilient structure to ensure continuity of operations during climate events. It will also consider measures for lightning strikes, high-speed winds from hurricanes, and energy and water management. The design of the hospital also includes energy efficiency measures to reduce greenhouse gas emissions and standardization of building materials, use of renewable sources of energy, and energy-saving approaches for lighting.
The $ 51 million credit comes from the International Development Association* (IDA), with a grace period of 10 years and a maturity of 40 years.
ALSO READ
-
Tanzania’s Growth Gains Need Better Jobs to Bring Lasting Prosperity to More Families
-
Better Schools, Stronger Economy: Saudi Arabia Eyes a Major Growth Dividend From Education
-
World Bank’s Billion-Person Digital Push Puts Affordable Internet and AI at Center Stage
-
Tanzania’s Economy Gains Momentum, but Better Jobs Hold the Key to Broader National Prosperity
-
Tanzania’s Growing Economy Puts Better Jobs at the Heart of Its Next Growth Chapter
Google News