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Romanian government approves €150mln World Bank loan for the health sector

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Romania‘s Ministry of Health said the government has approved a €150mln loan from the World Bank to finance the continuation of reforms in the national health system, according to See News.

The funds will be invested, mainly, in the execution works and the purchase of equipment for the burn-victim centres within the Grigore Alexandrescu hospital in Bucharest and the emergency hospital in Targu Mures, the health ministry said in a press release on Thursday.

The ministry will invest in telemedicine services and in the improvement of the screening network for cervical cancer.

The loan agreement with the International Bank for Reconstruction and Development (IBRD), part of the World Bank Group, was signed on June 11 and complements an initial loan of 250 million euro from the World Bank approved in 2019 to finance upgrades of the country’s health infrastructure, which is currently being implemented, the ministry added.