Zambia borrows $50 million from India to erect rural health posts

Zambia has acquired a credit line amounting to $50 million (approximately K260 Billion) from EXIM Bank of India for the construction of 650 rural health posts across the country.

Finance and National Planning Minister Alexander Chikwanda disclosed this in a statement released to ZANIS in Lusaka today by Ministry of Finance Public Relations Officer Chileshe Kandeta.
He said the rural health posts will be spread in all the districts of the 10 provinces of Zambia over the next two years.
Mr. Chikwanda said the funds will be utilized in constructing at least 3 health posts per district in order to speed up access to maternal, child health, and quality health care interventions.
He stated that the construction of 650 health centers in the next 2 years is consistent with the aspirations of the Government for focused and accelerated infrastructure development as indicated by President Michael Sata during the official opening of parliament in October, 2011.
Mr. Chikwanda explained that the agreement was a testimony of the cordial and fraternal relationship that existed between Zambia and India.
Mr. Chikwanda thanked the government and people of India for the support which they continue to render in many spheres of Zambia’s socio-economic endeavors.
Mr. Chikwanda added that the $50 million line of credit will not only strengthen Zambia’s quest to attain the MDGs but also other Human Development targets in the health sector.
ZANIS

Share this post