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Ensuring greater access to affordable health care is a crucial factor in alleviating poverty and promoting economic growth, World Bank President Jim Yong Kim said Friday in announcing ambitious targets for preventing and treating chronic illnesses in developing countries.About 100 million people are impoverished by medical expenses each year. The World Bank and World Health Organization aim by 2020 to reduce that figure by half and by 2030 to eliminate it altogether.The consensus among many familiar with development and poverty alleviation is that providing universal health coverage is vital for economic development, said officials attending a conference in Tokyo.Japan, which extended such coverage to its entire population in 1961, benefited enormously from that investment, as strong public health supported the expansion of a highly productive middle class, Kim said.
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Topic: World Bank sets goal for access to health care (Read 891 times)
