UN: Cost of AIDS Prevention and Treatment Will Surpass $10 Billion per Year by 2005
October 11, 2002
The global cost of treating and containing HIV/AIDS could reach $10.5 billion annually by 2005, the UN warned Thursday. The estimate was drawn up by UN officials for a Geneva meeting of the Global Fund to Fight AIDS, TB and Malaria. Total global spending by various UN programs on AIDS will be about $3 billion this year. UNAIDS has called for a doubling of aid to meet this year's expenditure. Experts estimate that rich countries must donate at least $10 billion a year to fight HIV in the developing world. Thursday's statement reiterated a call by UN Secretary-General Kofi Annan to scale up AIDS spending to at least that amount immediately. The statement said additional money -- not factored into current calculations -- would be required to strengthen health care programs in poorer countries where the disease is spreading fast.Adapted from:
10.10.02; Ranjan Roy
This article was provided by CDC National Prevention Information Network. It is a part of the publication CDC HIV/Hepatitis/STD/TB Prevention News Update.