Global Health Funding Slows as Nations Cut Back on Donations
Thursday, February 7, 2013
Global health funding barely grew last year as the U.S. and other nations cut their donations to programs in developing nations, a study found.
Development assistance for health increased 2.5 percent to $28.1 billion last year after expanding at an average pace of 11 percent a year from 2001 to 2010, according to a report today by the Institute for Health Metrics and Evaluation, a research unit at the University of Washington in Seattle.
Increased spending by the GAVI Alliance, a funder of vaccines backed by the Bill and Melinda Gates Foundation, and the United Nations Children’s Fund, or Unicef, made up for lower contributions from the U.S., France and Germany last year, the institute said.
Source: Bloomberg Businessweek (link opens in a new window)
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