Britain to give $1.5 bn aid for AIDS, TB, Malaria

Image
IANS London
Last Updated : Sep 24 2013 | 9:31 PM IST

Britain will contribute one billion pounds ($1.5 billion) to the Global Fund to fight Aids, tuberculosis and Malaria over the next three years, said Justine Greening, international development secretary at the UN.

The investment, she said, showed Britain was leading the way in international aid and claimed the contribution would save a life every three minutes, Daily Express reported Tuesday.

The aid will fund lifesaving anti-retroviral therapy for 750,000 people living with HIV, 32 million more insecticide-treated nets to prevent the transmission of malaria and TB treatment for over a million people.

The Global Fund was created in 2002 as a public private partnership to raise funds to significantly change the course of HIV/AIDS, TB, and Malaria. Britain is the third largest donor, after the US and France.

Speaking at the UN General Assembly meeting, Greening said: "AIDS, TB and Malaria are among the world's biggest killers despite being entirely preventable and treatable.

"The Global Fund has already helped save millions of lives but we must keep up the momentum if we are to beat these diseases for good.

"It is in all our interests to help people live longer, healthier, more productive lives so we all need to play our part in working towards a world free of HIV/Aids, Malaria and TB."

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 24 2013 | 9:26 PM IST

Next Story