
"Instead, the foundation - one of the largest in the world - will concentrate at least 70% of its funding over the next 20 years on ending preventable maternal and child deaths and controlling key infectious diseases. A third goal focused on poverty will divide its work between U.S. education and agriculture in poorer countries. "We are saying not only will we not be taking on new priorities, we're actively narrowing our priorities against three core North Star goals," Mark Suzman said in an interview with The Associated Press as the foundation published an annual update on its plans Tuesday."
""While these conditions will have significant repercussions for global health and development for the next few years, priorities can shift. Debt can be restructured. Generosity can return," Suzman wrote in the letter, referring also to the significant debt burden that many low- and middle-income countries carry, which eats into their public health budgets, for example. The foundation will renew its campaign for donor countries to fund global health, specifically, even as overall funding levels were unlikely to return to pre-pandemic levels."
The Gates Foundation will not change course despite massive foreign aid cuts and will concentrate resources on core goals. At least 70% of funding over the next 20 years will target ending preventable maternal and child deaths and controlling key infectious diseases. A third goal addressing poverty will split work between U.S. education and agriculture in poorer countries. Priorities will be narrowed to three core North Star goals and no new priorities will be taken on. Campaigns to persuade donor countries to fund global health will be renewed even as overall funding likely stays below pre-pandemic levels. Debt burdens in low- and middle-income countries reduce public health budgets and could be restructured.
Read at Fast Company
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