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Increased funding includes support for health innovations that could save millions more lives by 2030 The Bill & Melinda Gates...
The Bill & Melinda Gates Foundation approved its largest annual budget ever, committing $8.6 billion for achieving a range of health goals such as the eradication of polio, delivery of supplies to curb child and maternal mortality, and development of new tuberculosis drugs.
The Bill & Melinda Gates Foundation, working toward the goal of a healthier, more prosperous world for all, has announced its largest annual budget to date, with the board of trustees approving its $8.6 billion 2024 budget on January 13.
The Bill & Melinda Gates Foundation plans to spend more this year than ever before -- $8.6 billion -- as wider health funding for the lowest income countries stutters after the COVID-19 pandemic. In a statement, the foundation said global health budgets were in decline overall and contributions to health in the lowest-income countries were stalling. The Gates Foundation is already a key global health funder and has faced criticism over its undue influence, but last year chief executive Mark Suzman said it could not back away until others stepped up, with plans to spend $9 billion annual...