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Business

Leela de Kretser

Davos booster for $18 billion fund to fight AIDS, tuberculosis and malaria

Malaria Tuberculosis Davos Peter Sands United States Pandemic

FILE PHOTO: Syringes are pictured at Skippack Pharmacy in Schwenksville, Pennsylvania, U.S., May 19, 2022. REUTERS/Hannah Beier

A global health fund has raised a third of the $18 billion it says is needed to reverse setbacks caused by the coronavirus pandemic and combat AIDS, malaria and tuberculosis.

The Global Fund to Fight AIDS, Tuberculosis and Malaria announced its first pledge from the private sector on the sidelines of the World Economic Forum, in Davos, on Tuesday.

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