The Government of Guyana has asked the Inter-American Development Bank (IDB) for a total of US$160m in loans to upgrade the health sector and a US$60m component is set to roll.
Divided into two phases and two tranches of US$60m and US$100m respectively under the IDB’s Health Care Net-work Strengthening project, the first set of monies will be released shortly, even as government anticipates approval of the other phase to forge ahead with plans.
“The envelope from IDB is US$160m. The first phase is US$60m and that first phase will start shortly…we have plans for the overall strengthening of the health sector to eventually offer world class health services and it is why we asked the IDB to help…,” Minister of Health Dr Frank Anthony told Stabroek News yesterday.
