Saturday, 16 September 2023 05:03

CAF to support El Salvador with a US$77 million loan for the implementation of a telemedicine system

Written by Leydin Sorto

The Board of Directors of the Development Bank of Latin America and the Caribbean (CAF) approved a $77 million loan in favor of the Republic of El Salvador to support the implementation of a telemedicine system in the country.

This operation will improve access and coverage of patient care in El Salvador through the implementation of a sophisticated technological platform and solid training of specialized human capital, which will enable the development of telemedicine, which in turn will improve the efficiency of El Salvador's public health system.

More than 4 million salvadorans will benefit from the implementation of a modern telemedicine system in El Salvador. To carry out this project, investments will be made in digital and physical infrastructure and in capacity building for more than a thousand people in the salvadoran health system.

CAF apoya telemedicina en El Salvador con crédito de USD 77 millones

"This operation is very relevant for us as a development bank in Latin America and the Caribbean, because it offers an innovative solution to improve the coverage and quality of health services, especially in rural and hard-to-reach areas", said Sergio Díaz-Granados, CAF's executive president.

The project has a particular focus on comprehensive and quality care for early childhood and gender issues, in line with the Sustainable Development Goals (SDGs):

  • End of Poverty
  • Health and Welfare
  • Industry
  • Innovation and Infrastructure.

The approval of this loan marks a significant milestone in improving the quality of health care in El Salvador, with multiplier effects on the quality of life of the population and the achievement of long-term development goals.

"Today we participated in the CLXXIX CAF Board Meeting in Spain, where we continue to strengthen our ties with the region and other parts of the world to boost the country's development, attract investment, promote digital transformation and innovation", said El Salvador's minister of Finance, Jerson Posada on his X account (Twitter).

 

Translated by: A.M