By AFP
Sweeping foreign aid cuts led by the United States will cause international health funding to plummet to the lowest level in 15 years, a study said on Wednesday, warning the world has entered a new “era of global health austerity.”
Money that provides healthcare to some of the poorest and most in-need people across the world has been dramatically slashed this year, led by the administration of US President Donald Trump.
The new study published in the prestigious Lancet journal also pointed to recent steep aid cuts announced by the UK, France and Germany.
After reaching an all-time high of $80 billion in 2021 during the Covid-19 pandemic, the total amount of global health aid will sink to $39bn this year, the US-led team of researchers estimated.
That would be the lowest level since 2009.
Such a dramatic change will result in the world entering a new “era of global health austerity”, the authors of the study warned.
{try{this.style.height=this.contentWindow.document.body.scrollHeig