Japan to Provide Moldova with Loan of USD60.6 mn
OREANDA-NEWS. July 01, 2013. This is stipulated by the financing contract, signed by Moldova’s Finance Minister Veaceslav Negruta and Japan’s Ambassador to Moldova Toichi Sakata. Japan is expected to release the loan for 30 years with the 10-year long grace period at the low interest rate (0.1%p a) via the Japan International Cooperation Agency.
The money released by Japan is designed to purchase medical equipment for 5 hospitals and 11 healthcare centres of Moldova, including the Republican Clinical Hospital, the Centre for Mother’s and Child’s Health Protection, the National Urgent Medicine Research and Practical Centre, the Oncology Institute, the Sfinta Treime municipal clinical hospital, and medical centres of Chisinau, Balti, Edinet, Soroca, Ungheni, Hincesti, Cahul and Gagauzia. Implementation of the program will help improve health care services in Moldova and thanks to new equipment will allow early disease detection.
The Enhancement of Healthcare Services program in is expected to be completed before June, 2015. Almost 25% of devices hospitals and healthcare centres of Moldova have been furnished with were made in the USSR. Moreover, 80% of the equipment regardless of its origin has become obsolete and obsolescent and requires substitution.
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