Image: World Economic Forum [CC BY-NC-SA 2.0], via Flickr
Investment increase aims to offset global drop in development aid, foundation says
The Bill and Melinda Gates Foundation has announced its largest-ever annual budget, unveiling US$8.6 billion to support projects in areas including global health in the coming year.
“A portion” of the extra funding will support global health innovations, particularly relating to newborn babies and pregnant mothers, the foundation said. The investment comes as global health budgets are shrinking, while aid to sub-Saharan Africa decreased by 8 per cent in 2022, it added.
This article on Research Professional News is only available to Research Professional or Pivot-RP users.
Research Professional users can log in and view the article via this link
Pivot-RP users can log in and view the article via this link.