World Bank to lend Romania additional EUR 150 mln for health infrastructure upgrade

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Romania has signed an additional EUR 150 million loan agreement with the World Bank to improve medical services and infrastructure, the country's Finance Ministry said on Friday reported news portal SeeNews.

The fresh funding complements an initial loan of EUR 250 million from the World Bank approved in 2019 to finance upgrades of the country's health infrastructure, which is currently being implemented, the ministry said in a press release.

The additional loan will ensure the modernization of Romania's telemedicine system, the screening network for cervical cancer and the purchase of equipment for burn-victim treatment centers. The funding will also be used for the construction of burn-victim centers within the Grigore Alexandrescu hospital in Bucharest and the emergency hospital in Targu Mures. The deadline for completion of the project is December 31 2024. 

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