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Gates Foundation plans record spending to counter wider drops in health funding for developing world.
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Gates Foundation plans record spending to counter wider drops in health funding for developing world.
Wed, 2024-01-17 09:54 — mike kraft Record budget for Gates Foundation as wider global health funding stalls The Bill & Melinda Gates Foundation plans to spend more this year than ever before -- $8.6 billion -- as wider health funding for the lowest income countries stutters after the COVID-19 pandemic. Reuters
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The 2024 budget agreed by the foundation’s board is up 4% on last year and $2 billion more than in 2021.
In a statement, the foundation said global health budgets were in decline overall and contributions to health in the lowest-income countries were stalling.
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