According to a WB press release, the financing is the secondphase of the Health Equity and Quality Improvement Project (HEQIP-2) which isaimed at advancing universal health coverage in the country. The first phaseran from 2016 to 2022.
The new funding includes a 55 million USD credit from theWorld Bank’s International Development Association and grants totaling 58million USD from Australia, the German Development Bank, the Republic of Korea,and the Global Financing Facility. Cambodia will provide 186 million USD incounterpart financing.
“While Cambodia has made progress in delivering health careto its people, more equitable access to quality health care remains animportant goal,” said World Bank Country Manager for Cambodia, Maryam Salim.“This project will help Cambodia achieve that objective by expanding access forthe poor and vulnerable.”/.