The World Bank Group has revealed a comprehensive strategy aimed at assisting countries in providing quality, affordable healthcare to 1.5 billion individuals by 2030.
This initiative is a significant component of a broader global mission to establish a fundamental standard of care at every life stage, from infancy to adulthood.
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According to the World Bank, its latest approach is centred on three key elements, including the effort to broaden healthcare coverage to encompass all ages and non-communicable diseases while not limiting it to only maternal and child health.
The other two elements of the plan are extending operations to areas that are difficult to access, such as remote villages, cities, and nations, and collaborating with governments to eliminate unnecessary healthcare fees and financial obstacles.
The plan states that, to contribute to this 1.5 billion target, each individual must receive treatment from a healthcare worker, either in person or via telehealth appointments.
An estimated two billion people currently experience severe financial hardship when paying for health services, the World Bank noted.
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By GlobalDataCompounding challenges, such as pandemics, societal ageing, conflicts, climate change, and a predicted shortage of ten million healthcare workers by 2030, are further intensifying the cycle of poverty and inequality.
The World Bank Group plans to confront these issues by leveraging its financing, knowledge, and partnerships.
All facets of the bank’s financing capabilities are ready to be used, based on the specific needs and developmental stages of each country, to reach the 1.5 billion goal.
For the most disadvantaged nations, financing from the International Development Association (IDA) will enable the provision of healthcare workers to communities currently lacking services.
In middle-income nations, the International Bank for Reconstruction and Development (IBRD) will offer financing that encourages government investments in health and beneficial regulations.
World Bank Group president Ajay Banga said: “Providing a basic standard of care for people throughout their lives is critical for development. This ambition won’t be realised with a solo effort.
“It will require partners, a coalition of public and private sector, working together to expand access to health care services.”
