Bhutan Health Trust Fund to do a move for health walk next month

The Bhutan Health Trust Fund is planning a move for health walk on October 11th 2014 to raise funds for the vital health fund that has played a key role in Bhutan’s healthcare system. The walk first done by former Health Minister Lyonpo Sangay Ngedup to raise huge funds saw it being revived in 2013 by the new government. The walk this year is also anticipated to be in line with the upcoming 60th birth anniversary of His Majesty the Fourth King.

Taking into account the well-being of the people in general and women and children in particular and above all, the sustainability of Primary Health Care led to the initiation of the Bhutan Health Trust Fund (Trust Fund) sometime during 1997. It was formally launched on 12 May 1998 at the WHO Headquarters in Geneva. This was the birth of the Bhutan Health Trust Fund.

Its objective is to help sustain Primary Health Care through continued and uninterrupted supply of essential drugs and vaccines, needles, syringes, cold chain equipment and other related drugs/equipment.

It is to help eliminate financing uncertainties for priority core components of the Primary Health Care Services out of the income generated from the investment of the Fund and to help achieve self-reliance in the Primary Health Care Sector.

The Fund envisages an investment to generate sufficient returns to meet all annual expenditure on essential drugs and vaccines and help eliminate financing uncertainties for purchase of these crucial components and other related drugs/equipment.

Capitalization of the Fund is done through contributions from donor countries, organizations of private and public status, financial institutions and individuals. It is based on the principle of one-to-one partnership. Any donor contribution to the Fund is matched by the Royal Government of on a one-to-one basis. Fund to sustain Primary Health Care.

The initial target of the Fund is to mobilize US$ 24.00 million.

Check Also

BNB observes Global Money Week with Talakha Monastery

In commemoration of Global Money Week (GMW) from 18- 23 March, Bhutan National Bank (BNB) …

Leave a Reply

Your email address will not be published. Required fields are marked *