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    Global Fund targets USD12 billion by 2012

    <i>According to Reuters, Global Fund to Fight AIDS, Tuberculosis and Malaria chairman Rajat Gupta voiced optimism that the organization can secure USD12 billion before 2012 to help the world&#8217;s poorest countries combat the diseases.</i> The Global Fund to Fight AIDS, Tuberculosis and Malaria is hoping to gather USD12 billion by 2012. &#8220;The money we are mobilizing will help us m&#8230;

    By Newswire Newsletter // 11 March 2008



    The Global Fund to Fight AIDS, Tuberculosis and Malaria is hoping to gather USD12 billion by 2012. “The money we are mobilizing will help us mitigate the effects of AIDS, tuberculosis and malaria especially in the worst affected countries,” stressed Gupta. He believes the goal is attainable, citing the USD100 million that the organization raised over the past 18 months. Gupta is holding talks with president Levy Mwanawasa in Zambia, one of the hardest hit countries in the region, with 12 million of its population diagnosed with HIV, and 300,000 in dire need of medication. “The HIV prevalence in Zambia is unacceptably high and continues to be a source of grave concern. The AIDS situation in Zambia is further compounded by co-epidemics of tuberculosis and malaria,” Mwanawasa said.

    Source: Global fund seeks USD12 bln to fight AIDS, TB (Reuters)

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