The Bill & Melinda Gates Foundation announced it is committing $750 million to the Global Fund to fight AIDS, tuberculosis, and malaria.
“These are tough economic times, but that is no excuse for cutting aid to the world’s poorest. The Global Fund is one of the most effective ways we invest our money every year. By supporting the Global Fund, we can help to change the fortunes of the poorest countries in the world. I can’t think of more important work.”
– Bill Gates, co-chair of the Gates Foundation
The Global Fund works to create economic opportunity and to help people living in poverty to be less dependent on aid. The $750 million dollars is in addition to the $650 million the Gates Foundation has contributed to the Global Fund since it was launched 10 years ago.
“My annual letter this year is an argument for making the choice to keep on helping extremely poor people build self-sufficiency.” Read the full text of the 2012 Annual Letter from Bill Gates.
Source: Bill and Melinda Gates Foundation
Pictured: François Iyamuremye and his wife Jacqueline Niyifasha live with their children in Kayenzi, Rwanda. The couple are two of nearly 100,000 HIV positive people in Rwanda.