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Global Spending to Fight AIDS Has Grown Slowly, Report Finds Global Spending to Fight AIDS Has Grown Slowly, Report Finds
(34 minutes later)
Global financing to fight AIDS has remained essentially flat since the 2008 financial crisis, according to a report by the Kaiser Family Foundation and the United Nations AIDS-fighting agency. About $7.9 billion from donors went to poor and middle-income countries last year. The amount has grown slowly after inflation for the past four years. Global financing to fight AIDS has remained essentially flat since the 2008 financial crisis, according to a report by the Kaiser Family Foundation and the United Nations AIDS-fighting agency. About $7.9 billion from donors went to poor and middle-income countries last year. The amount has grown slowly after inflation for the past four years. Spending soared from 2002 to 2008 with the creation of the Global Fund to Fight AIDS, Malaria and Tuberculosis and the Bush administration’s President’s Emergency Plan for AIDS Relief. The United States contributes almost 64 percent of the money. Britain gives 10 percent, France 5 percent, Germany 4 percent and Japan 3 percent. Measured as a percentage of gross national product, Denmark is the largest donor. Speeding up the disbursement of previously approved money increased the American contribution in 2012 to $5 billion from $4.5 billion. The report was released as world leaders met at the United Nations to review progress on fighting poverty and disease.
Spending soared from 2002 to 2008 with the creation of the Global Fund to Fight AIDS, Malaria and Tuberculosis and the Bush administration’s President’s Emergency Plan for AIDS Relief.
The United States contributes almost 64 percent of the money. Britain gives 10 percent, France 5 percent, Germany 4 percent and Japan 3 percent. Measured as a percentage of gross national product, Denmark is the largest donor. Speeding up the disbursement of previously approved money increased the American contribution in 2012 to $5 billion from $4.5 billion.
The report was released as world leaders met at the United Nations to review progress on fighting poverty and disease.