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International News

South Korea Uses Airline Tax to Raise Global Fund Contribution

November 22, 2013

"The Global Fund to Fight AIDS, Tuberculosis and Malaria announced Thursday that it had received a major boost from South Korea thanks to a levy on airline tickets," Agence France-Presse reports. "The Geneva-based body ... said South Korea was to double its contribution over the next three years," the news service writes, adding, "The ministry of health is to contribute $6 million to the Global Fund for 2014-2016, and the foreign ministry is to pay $10 million in five annual installments from 2013-2017, drawn from a levy on all passengers leaving South Korea on international flights." The news service notes, "South Korea's 1,000 won ($0.95) levy, known as the 'Global Poverty Eradication Tax,' was introduced in 2007, primarily to contribute financial resources to fight poverty and disease in impoverished countries" (11/21).

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This information was reprinted from kff.org with permission from the Henry J. Kaiser Family Foundation. You can view the entire Kaiser Daily Global Health Policy Report, search the archives, and sign up for email delivery. © Henry J. Kaiser Family Foundation. All rights reserved.



  
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This article was provided by Henry J. Kaiser Family Foundation. It is a part of the publication Kaiser Daily Global Health Policy Report. Visit the Kaiser Family Foundation's website to find out more about their activities, publications and services.
 
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