World Bank prepares two new financing programs for Romania worth 750 million euro

Joi, 3 februarie 2011, 16:58 English | Top News

World Bank prepares two new supplementary financial assistance programs for Romania, that target the Health sector and the social aid sector, World Bank Senior Economist Catalin Pauna said. The official explained that the total value of the programs amounts to 750 million euro.  

In the health sector, the program, worth 250 million euro targets the improvements f services by introducing quality standards. For the social aid sector, worth 500 million euro, the program sees the reorientation of sums allocated by the state to those who really need support.  

The sums are not final yet, but it is important to underline that these funds are conditioned on a series of reforms, WB Chief Economist for Europe and Central Asia Roy Canagarajah declared. He said that installments and reference points will be established together with the state.