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Author Topic: Global medical aid fund at risk due to US cutbacks  (Read 12306 times)

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The Prophet

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Global medical aid fund at risk due to US cutbacks
« on: December 14, 2011, 12:13:00 pm »
Ten years ago a global fund was launched to find Aids, TB and malaria cures.
It currently keeps 3.2 million people with Aids alive using anti-viral treatments.
It has also paid for 8.2 million courses of TB treatment and 190 million insecticide-treated malaria nets.

However, the latest round of funding has been suspended primarily because of a shortfall in America's $4bn pledge for the period 2011-2013 - around $1.3bn a year.
This is $600,000 less than the US military spends each day!  European aid cutbacks will also hurt but at least the UK is honouring its pledge to scale up assistance.