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  • Jul 26th, 2015
  • Comments Off on Child health care institute: South Korean government to provide soft loan through EDCF
The South Korean government would provide soft loan through the Economic Development Coop-eration Fund (EDCF) for setting up of Child Health Care Institute Sukkur, recently approved by Executive Committee of the National Economic Council (Ecnec). Sources said the project was submitted to the Ecnec chaired by Finance Minister Ishaq Dar with Rs 162.792 million local cost and Rs 4.646 billon Foreign Exchange Component (FEC) for consideration and approval.

The objective of the project is to reduce morbidity and mortality in line with MDG-4 associated with infant and children morbidity and mortality, fulfilment of medical demands at the early childhood stage to strengthen the basics for healthy life and subsequent general improvement of national health status, to provide much-needed diagnostic care, to strengthen the existing infrastructure for better referral services and support system for improvement of child health as well as research and prevention against the illness of young children. They added that the project envisages provision of accessible specialised health care to children of North Sindh, adjoining districts and the bordering areas of other provinces through a proposed facility of 200 indoor beds, OPD with specialised diagnostic and surgical services and academic affiliation with Medical Colleges Universities; like Sindh Benazir Bhutto University Larkana, Peoples Medical College for Girls Nawabshah and Ghulam Muhammad Mahar Medical College Sukkur. The meeting was informed that in the proposed health facilities, 90-100 percent bed occupancy is expected due to its important geographical location. This facility would also provide opportunities for doctors, nursing and paramedical staff in paediatric care and serve as research facility to 500 students and research scholars of medical sciences as well as on-job training to paramedics. The EDCF loan would be for a period of 40 years including 10 years grace period at an interest rate of 0.1 percent per annum.

Copyright Business Recorder, 2015


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