UK Funding Spur for Global Health
Sept. 21, 2009
By Andrew Jack
Britain is to offer £250m ($404m, €275m) in funding to strengthen health services in the developing world by extending an innovative financial mechanism that provides recipients with early access to future aid donations.Gordon Brown will unveil an expansion of the International Finance Facility on Immunisation (IFFIm) at the U.N. in New York.
The prime minister's announcement - which is expected to be backed by further pledges totalling $1bn from countries including Norway, Australia and the Netherlands - will allow rapid extra government spending to recruit and train health workers, to establish clinics and to boost provision of drugs and treatment in rural areas.
© 2009 The Financial Times Ltd.
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Source: Global Health Council-World Health News