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Countries that invest too little in health may face credit ratings cut: WHO

Countries that invest too little in health may face credit ratings cut: WHO
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Reducing the impact of future pandemics by making Diagnostics, Therapeutics and Vaccines available within 100 days. A report to the G7 by the pandemic preparedness partnership. ....

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Invest in health or face credit ratings stick, says WHO's expert panel

Invest in health or face credit ratings stick, says WHO’s expert panel
Invest in health or face credit ratings stick, says WHO’s expert panel
WHO s expert panel has said states that invest too little in public health could have their credit ratings cut.
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Image for Representation. (Photo: Reuters)
States that invest too little in public health could have their credit ratings cut, according to the chair of a World Health Organization panel that wants a new global body set up to spell out the risks to financial stability from healthcare failures.
The comments by Mario Monti come before a global health summit on Friday in Rome at which leaders of the Group of 20 largest economies will discuss the coronavirus emergency and how to prevent major health crises in future. ....

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Invest in health care or face credit rating cuts, says WHO's expert panel

States that invest too little in public health could have their credit ratings cut, according to the chair of a World Health Organization panel that wants a new global body set up to spell out the risks to financial stability from healthcare failures. The comments by Mario Monti come before a global health summit on Friday in Rome at which leaders of the Group of 20 largest economies will discuss the coronavirus emergency and how to prevent major health crises in future. A pandemic like this one poses huge threats not just to financial stability but to the whole economic and financial system, Monti told Reuters. The former Italian prime minister chairs the WHO s Pan-European Commission on Health and Sustainable Development, set up last September by the world health body s chief for Europe, Hans Kluge. It has recommended the G20 establish a Global Health Board which would work to prevent future pandemics by identifying risks, setting global benchmarks for preparedness an ....

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Invest in health or face credit ratings 'stick' -WHO's expert panel

Invest in health or face credit ratings stick -WHO s expert panel
FILE PHOTO: Mario Monti, President of Bocconi University attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 20, 2017. REUTERS/Ruben Sprich/File Photo reuters tickers
This content was published on May 18, 2021 - 11:17
May 18, 2021 - 11:17
By Francesco Guarascio
BRUSSELS (Reuters) - States that invest too little in public health could have their credit ratings cut, according to the chair of a World Health Organization panel that wants a new global body set up to spell out the risks to financial stability from healthcare failures.
The comments by Mario Monti come before a global health summit on Friday in Rome at which leaders of the Group of 20 largest economies will discuss the coronavirus emergency and how to prevent major health crises in future. ....

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