WASHINGTON, March 19, 2009 - The World Bank’s Board of Executive Directors today approved the following project:  IBRD Loan: Euro 10.5 Million (US$13.5 Million Equivalent) Terms:  Maturity = 17 years; Grace period = 5 Project Description:  The aim of the project is to develop a sustainable, performance-oriented health care system where providers are rewarded for quality and efficiency. Building on the achievements of the Serbia Health Project, additional financing will enable the Government of Serbia to scale up improvements in hospital care. The Serbia Health Project has supported the initial reforms aimed at introducing output-based payment methods and improving quality of service delivery in hospitals. However, these reforms need to be sustained over time to deliver best results. With the additional financing, the World Bank will provide the support that is needed during the next phase of reform.  Media Contact Michael Andrew Jones (202) 473-2588 mjones2@worldbank.org  For more information on this project visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P110593  |
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