PHL online for a $ 200 million loan from the World Bank to finance a nutrition program
The World Bank is set to provide a new loan of $ 200 million to the Philippines for nutrition programs that will reduce the undernourished population.
According to a bank report, the loan was approved by Ndiame Diop, the World Bank’s country director for Brunei, Malaysia, the Philippines and Thailand, on November 3.
The World Bank said $ 127.3 million of the loan will go to the first component of the project, which improves nutrition service delivery through the integration of primary health care. This will be distributed to local government units responsible for implementing nutritional interventions and providing essential maternal and child health services.
The second component will focus on the delivery of community-based nutrition services, for which $ 62.1 million will be allocated.
The funds will be disbursed by the Department of Social Protection and Development to the communities for the barangay health and nutrition plans.
The remaining $ 10.6 million will strengthen key implementing agencies, including DSWD and the Ministry of Health, as well as for monitoring, evaluation and communication.
“Stunting (due to malnutrition) has long-term negative effects on development that extend far beyond childhood, and has been linked to slower learning outcomes, poor academic performance and lower productivity and wages in adulthood, ”the World Bank said.
“Stunted children are unable to fully develop their human capital, with overall negative consequences in terms of labor market productivity and economic growth,” he added.
The success of the project will be assessed using indicators, including antenatal care for pregnant women. Children between the ages of six and 23 months who are part of the project will also be monitored to see if they meet age-appropriate dietary standards. – Luz Wendy Noble