Gates Foundation to Double Donation to Fight AIDS
Tuesday, December 3, 2013
The new money follows management troubles and a leveling off in funding for the Global Fund amid difficulties in the economies of many nations that contribute to it. Mr. Gates, who also spoke of worldwide health milestones that have been achieved by various groups including the Global Fund and his own foundation, made his remarks in a round-table discussion with news reporters preceding a lecture he gave at the National Institutes of Health.
The co-founder of Microsoft Corp., now a trustee and co-chair of the Bill & Melinda Gates Foundation, Mr. Gates said the commitment of various groups to fight diseases has had a measurable positive impact on lowered infant mortality and disease deaths around the world. Yet he said one impediment in that fight is the U.S. mandated budget cuts, known as the sequester, or sequestration.