AEGiS-IRIN: AFRICA: AIDS spending on the rise - World Bank UN Integrated Regional Information NetworkImportant note: Information in this article was accurate in 2005. The state of the art may have changed since the publication date.
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AFRICA: AIDS spending on the rise - World Bank

Integrated Regional Information Networks - December 12, 2005


[This report does not necessarily reflect the views of the United Nations]

JOHANNESBURG, 12 December (PLUSNEWS) - Resources to tackle global HIV/AIDS have increased over recent years, from US $300 million in 1996 to $8 billion this year, according to a new World Bank report released during last week's international AIDS conference in Nigeria.

Titled 'The World Bank's Global HIV/AIDS Programme of Action', the report said funding for AIDS in Africa had risen from an average of $10 million annually a decade ago to more than $250 million annually over the last four years.

The report also laid out the Bank's future role in addressing the pandemic, saying it would remain a "major financier of AIDS activity globally", particularly in central and West Africa.

The Bank has highlighted the importance of "predictable, multiyear bank funding" in helping hard-hit countries ensure sustainability of their anti-AIDS programmes.


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