Will A Global Funding Slowdown Push Back Health Programmes?
The global financial crisis has led to a slowdown in growth of funding to improve health in many developing countries. According to new research findings from the Institute for Health Metrics and Evaluation (IHME) at the University of Washington, “Stagnating funding from the United States and shortfalls at the Global Fund to Fight AIDS, Tuberculosis and Malaria (GFATM) indicate troubled future for development assistance for health, raising the possibility that developing countries will have an even harder time meeting the Millennium Development Goal deadline looming in 2015.”
Health funding through United Nations agencies stopped increasing in 2011, and the GFATM announced recently that it would make no new grants until 2014 due to funding shortfalls. Preliminary estimates indicate that health assistance channelled through the Global Fund declined by $529 million, or 16%, between 2010 and 2011.
Health funding through United Nations agencies stopped increasing in 2011, and the GFATM announced recently that it would make no new grants until 2014 due to funding shortfalls. Preliminary estimates indicate that health assistance channelled through the Global Fund declined by $529 million, or 16%, between 2010 and 2011.
Key findings from the report ‘Financing Global Health 2011: Continued Growth as MDG Deadline Approaches’, which was released recently by IHME, indicate that:
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