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Bill Gates Fund supports the fight against AIDS

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Image via CrunchBase

Promised, Microsoft chairman Bill Gates on Thursday pledged $ 750 million for the Global AIDS Fund, which suffers from a lack of funds, calling on governments to continue their support to save lives.

He said at the annual meeting of the World Economic Forum in Davos that the world in economic crisis, but this is not an excuse for cutting aid to the poor.

It is scheduled to give the Bill and Melinda Gates announced that the amount is in addition to $ 650 million contributed by the Fund since the founding ten years ago.

The Global Fund to Fight AIDS, Tuberculosis and Malaria has announced two days agothat the Executive Director Michel Kazathchini stepping down after criticism over the misuse of funds and reduced funding.

The Fund - which involved its public and private sectors, based in Geneva - about a quarter of global funding for AIDS and AIDS, as well as the majority of funds to combattuberculosis and malaria.

However, the Fund was forced to cut aid, and last year announced its inability to provide any grants or new funding until the year 2014.

Source: Reuters

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