Question
With reference to the Asian Development Bank’s (ADB)
recent health initiative, consider the following statements: 1. The ADB launched the UHC PEERS network to promote universal health coverage (UHC) across Asia and the Pacific. 2. The UHC PEERS network complements the UHC Knowledge Hub in Tokyo. 3. Every $1 invested in primary healthcare, as highlighted by ADB, can generate up to $5 in economic growth. Which of the statements given above is/are correct?Solution
• Statement 1 is correct: The ADB launched the UHC PEERS (Universal Health Coverage Peer-to-Peer Exchange and Regional Support) network to accelerate progress on universal health coverage in Asia and the Pacific. It creates a peer-learning platform for knowledge sharing among developing countries. • Statement 2 is correct: The initiative is designed to complement the UHC Knowledge Hub in Tokyo, which serves as a center for research, technical expertise, and global partnerships on health reforms. • Statement 3 is incorrect: ADB emphasized that every $1 invested in primary healthcare can generate up to $10 in economic growth, not $5. This highlights the economic multiplier effect of healthcare investment. Thus, the correct answer is 1 and 2 only.
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