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Latest newsNews searchHealthFinanceFoodCareer newsContent seriesFocus areasTry Devex Pro
    • News
    • World Bank Spring Meetings

    At Spring Meetings, alarm bells sound over global health finance

    Many lower-income countries are spending less on health than they did before the COVID-19 pandemic at a time when donor funding is on the decline.

    By Michael Igoe // 22 April 2024

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    “Efficiency,” “alignment,” “sustainability,” “leverage.”

    In Washington, D.C., where health and finance ministers, global health leaders, and international funders gathered for the World Bank’s Spring Meetings, these are ways of talking — or not talking — about a growing fear: A large group of countries are facing an alarming health funding landscape.

    “We have a problem globally,” health economist David Evans said Thursday at a forum on health financing.

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    More reading:

    ► Ajay Banga: An early progress report on the World Bank president

    ► World Bank aims to bring health care to 1.5 billion people (Pro)

    ► What to expect at the World Bank Spring Meetings 2024

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    About the author

    • Michael Igoe

      Michael Igoe@AlterIgoe

      Michael Igoe is a Senior Reporter with Devex, based in Washington, D.C. He covers U.S. foreign aid, global health, climate change, and development finance. Prior to joining Devex, Michael researched water management and climate change adaptation in post-Soviet Central Asia, where he also wrote for EurasiaNet. Michael earned his bachelor's degree from Bowdoin College, where he majored in Russian, and his master’s degree from the University of Montana, where he studied international conservation and development.

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