AFD disburses XOF3 billion to expand health insurance coverage across WAEMU  

Health
Friday, 26 April 2019 13:39
AFD disburses XOF3 billion to expand health insurance coverage across WAEMU  

(Togo First) - The French Development Agency (Agence Française de Developpement –AFD) has granted WAEMU States a subsidy of XOF3.182 billion to improve access to healthcare in the region.

On April 25, the French institution and the WAEMU commission signed the first amendment of the financing agreement for the health insurance expansion program (PACRM) within the Union. The signing thus puts back into motion this project which had been halted due to lack of funds.  

In effect, the PACRM will assess conditions under which health insurers can help improve health insurance coverage of unemployed individuals. It will also support institutional and organizational frameworks that are appropriate for the concerned expansion, with a key focus on improving equity and poorest and most vulnerable populations.   

The PACRM was launched on May 19, 2011 and required investment for the project was valued at €3,537,000. Unfortunately, only 18% of this amount was mobilized, hence halting the project’s advancement.

Séna Akoda

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