1. A Dangerous Diversion: Will the IFC's flagship health PPP bankrupt Lesotho's Ministry of Health?
- Publication Date:
- 04-2014
- Content Type:
- Policy Brief
- Institution:
- Oxfam Publishing
- Abstract:
- The Queen 'Mamohato Memorial Hospital, which opened in October 2011, was built to replace Lesotho's old main public hospital, the Queen Elizabeth II (QE II) Hospital, in the capital, Maseru. It is the first of its kind in Africa – and in any low-income country – because all the facilities were designed, built, financed, and operated under a public – private partnership (PPP) that includes delivery of all clinical services. The PPP was developed under the advice of the International Finance Corporation (IFC), the private sector investment arm of the World Bank Group. The promise was that the PPP would provide vastly improved, high-quality healthcare services for the same annual cost as the old public hospital.
- Topic:
- Economics, International Cooperation, International Organization, International Trade and Finance, and Health Care Policy
- Political Geography:
- Africa