GHI 2013 and the Rise of Multilateralism
"The President’s budget request for 2013 is out: total money spent on GHI is reduced by 3.5% and PEPFAR’s budget shrinks by 10.8%. While both figures may be alarming, there is a bright spot: contributions to the Global Fund for AIDS, TB and Malaria go up by 27% to $1.65 billion. In addition to the Global Fund, GAVI, IDA, Asian Development Fund and the African Development Fund are all among agencies that are getting increases on their funding; notably, GAVI by 11.5%.
Why is this a good thing? Multilateral aid is more efficient."
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1 comment:
It'll be nice when we start lowering the budgets of the Department of Defense and the military as well.
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