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WORLD BANK AND CROATIA SIGN CONTRACT ON 2ND LOAN FOR HEALTH

WASHINGTON, Oct 7 (Hina) - A World Bank regional director, Arntraud Hartmann, and Croatia's Ambassador to the United States, Miomir Zuzul, on Thursday signed a contract on the second loan granted for the development of the public health in Croatia.
WASHINGTON, Oct 7 (Hina) - A World Bank regional director, Arntraud Hartmann, and Croatia's Ambassador to the United States, Miomir Zuzul, on Thursday signed a contract on the second loan granted for the development of the public health in Croatia. #L# The World Bank's loan, worth 29 million dollars, is for a Project of Health System. The grace period will be five years, while the debt service will last fifteen years with usual LIBOR interest rate. The Croatian Government will earmark additional 10.9 million US dollars for the implementation of this project. Its purpose is to help improve the primary and secondary health protection. Within this project, a pilot programme in the primary protection will be carried out in the northern town of Koprivnica. In case it shows expected results, such programmes will be conducted throughout the country. The prevention of cardiac diseases and the treatment of patients with heart disorder will be covered by this project as well. A part of the loan should be allocated for the removal of pharmaceutical waste. The first loan which the World Bank gave to Croatia in 1995 for the public health was used for the modernisation of medical equipment in the country until 1998. Since 1993 when Croatia became a member of the World Bank, loans, valued about 783.5 million dollars have been approved for 18 projects. (hina) ms

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