This week’s article concerns an important issue of not one, but three global diseases that kills a vast majority of people per year. These three diseases include AIDS, Malaria, and Tuberculosis. The Global Fund to fight AIDS, Tuberculosis, and Malaria has announced that they will have to stop grants until 2014 due to the global financial crisis. Since the creation the article mentions that it has provided $15 billion for programs. With money becoming harder to come by the fund has even said to only be able to keep funding current AIDS programs. It appears that not only the lack world’s finance has contributed to the halt in funding put mismanagement of money as well as fraud and misspending has contributed to the funds downturn.
The GFATM, which just got its start in 2002, already gets most of their funds from contributions of developed countries and so far have provided 600 programs in 150 countries and the amount of money that has been raised is near 21.7 billion therefore needless to say this international financing organization has been a huge help for poor countries who need the help to keep their people safe. The diseases that they fight against kill about 5.4 million people per year worldwide. The organization has provided nets and treatment for both tuberculosis and AIDS even though there is not yet a cure; they provide them with the doctors and medicines that enable them to live longer. With the U.S being the biggest contributor combined with our depressing economy money is becoming harder to give away. The global financial crisis has also made the fund come up short. This program was going a long way and but now with all the corruption that always seems to take over groups along with the financial problems it seems that such a good project will come to an end. Hopefully it will only be until 2014 like predicted.
http://www.washingtonpost.com/world/global-health-fund-sees-fundraising-constraints-halts-new-programs-due-to-funding-woes/2011/11/24/gIQAOiHZrN_story.html
http://en.wikipedia.org/wiki/The_Global_Fund_to_Fight_AIDS,_Tuberculosis_and_Malaria
http://www.timeshighereducation.co.uk/story.asp?storyCode=163977§ioncode=26
6 comments:
I think that funding for this cause is really important, thousands of people could be saved in Africa alone from AIDS funding. Awareness needs to be made and taken seriously.
It would be easy for many people to donate a few dollars a year to such a fun, even if every American(around 300 million) just donated 5$ a year, we could cover a 1.5 billion dollar donation.
This funding is very important because these LMIC can not afford to do this on their own and are loosing many of their citizens. It would definitely help decrease the incidence of it.
I dont understand why funding is being cut from the health of the human race. If every one dies off from these disease we want have to worry about money any more because there will be no us. Maybe if our government stop spending so much money on millitary and helped out in curring some of these disease or maybe they took money from all those peole who have billions of dollars and put it to something usful we would be alright
Funding for this cause is very important because there are many people in Africa that have AIDS. If they fund this program it could help many people.
This reflects just how much economies are suffering that they are choosing to cut programs, even though they were helping save lives. It is sad that funding is being cut, especially since HIV/AIDS is causing millions of people to die. Even with the economies as they are surely there are other things that could be cut before something like this one.
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