World Bank to lend money to heal Slovak hospitals

SLOVAK Finance Minister Ivan Mikloš and World Bank regional director Roger Grawe signed contracts for two loans for Slovakia's health sector.

The loans total Sk2.8 billion (€68.3 million), have a favourable interest rate of 2.3 percent, and will be paid over the period of 2003-2007.

The money will cover reforms of the indebted health sector and its modernization.

Grawe praised the ongoing reforms launched by Health Minister Rudolf Zajac and said other European countries appeared interested in them.

Compiled by Beata Balogová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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