$20 Bln Needed for AIDS, Malaria, TB Treatment in Poor Nations

by Savitha C Muppala on  March 25, 2010 at 11:24 PM AIDS/HIV News   - G J E 4
Rich nations must go the extra mile in helping the poor nations fight AIDS, malaria and tuberculosis by providing funds to the tune of 20 billion dollars,which is needed during 2011-2013.
 $20 Bln Needed for AIDS, Malaria, TB Treatment in Poor Nations
$20 Bln Needed for AIDS, Malaria, TB Treatment in Poor Nations

"The reaction has been very positive," the fund's director of resource mobilisation, Stefan Emblat, told AFP as some 40 donors, including rich states, private companies and charity foundations met in The Hague.

Donors will make their contributions known at a pledging conference in New York in October to be chaired by UN Secretary General Ban Ki-moon, he added.

Emblat said the Global Fund, created in 2002 to collect and disburse money for the prevention and treatment of AIDS, malaria and tuberculosis, sketched three possible funding scenarios to donors for its next budget period.

A minimum budget of 13 billion dollars would allow it to continue funding existing programmes, but would halve the rate of taking on new projects.

The most expensive scenario, at 20 billion dollars, would allow for a "significant acceleration" of new programmes, said Emblat.

The Global Fund claims to have saved about 4.9 million lives through its efforts to date. It has provided AIDS treatment for 2.5 million people, anti-tuberculoses treatment for six million, and has distributed 105 million insecticide-treated mosquito nets for malaria prevention.

The fund's budget for 2008-2010 was ten billion dollars.

Source: AFP

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