Egypt secures $400m from World Bank to finance universal healthcare system

Cairo – Mubasher: The World Bank’s board of executive directors approved a $400 million loan to support Egypt’s efforts in implementing the new universal healthcare programme.

The funding “will help Egypt increase its coverage of the Universal Health Insurance System (UHIS) in six governorates,” the World Bank's country director for Egypt, Yemen, and Djibouti, Marina Wes, said in a statement on Tuesday. 

Moreover, the facility will be used to “strengthen UHIS-related governance and institutions, and also provide temporary financial protection against high out of pocket health expenditures for vulnerable populations across the country,” Wes noted.

The Egyptian minister of international cooperation Rania Al-Mashat said, “The Universal Health Insurance project with the World Bank encompasses mandatory coverage for citizens and unifies, for the first time, efforts with the private sector.”

Mubasher Contribution Time: 17-Jun-2020 07:44 (GMT)
Mubasher Last Update Time: 17-Jun-2020 07:44 (GMT)