- Search Results
Africa Spends Billions Of Domestic Funding On Health
Date Uploaded: Aug 30, 2016

Montserrado County Flag


Africa Spends Billions Of Domestic Funding On Health 

MONROVIA, August 29 (LINA) – The Director-General of the World Health Organization (WHO), Margaret Chan, has revealed that African countries spent about US$126 billion of their domestic funding for health in 2014.

She estimates that an additional $65 to $115 billion domestic funding can be mobilized annually over the next ten years.

A World Bank release quotes Chan as saying, “WHO is working with countries in Africa to generate those funds and help them shape the policies that will put them to best use.”

“Although the evidence is clear that investing in health pays dividends for countries, challenges remain in the delivery and financing of health care,” she noted.

Meanwhile, the release has said the World Bank Group, government of Japan and private sector partners have launched the Pandemic Emergency Financing Facility

The innovation is a fast-disbursing global financing mechanism designed to protect the world against deadly pandemics, which will create the first-ever insurance market for pandemic risk.

It will also promote greater global and national investments in preparing for future outbreaks and strengthening national health systems.


latest headlines
‘Poverty Rate Still High In Africa,’ Says WB Lead Economist
World Bank Lead Economist and the author of the Africa’s Pulse Report, Punam Chuhan-Pole, has observed that with poverty rates still high in th ...more
African Media Group Condemns Killing Of Nigerian Journalist
The Media Foundation for West Africa (MFWA) says it has received with shock reports that Famous Giobaro, a desk editor with the state-owned Glory ...more
LNP Assures Female Contestants Of Full Protection
Police Inspector General Gregory Coleman has assured women vying in the October elections of full police protection during their campaign process ...more
WFP Official Urges Joint Efforts For ‘Zero Hunger’ Goal In Liberia
The World Food Program (WFP) Regional Director for West and Central Africa, Abdou Dieng, has called for collaborative efforts by Liberians to ach ...more
Apostle Suleman Coming To Liberia Again
The President and Founder of the Nigeria-based Omega Fire Ministries (OFM) international is due in the country for a two-day crusade beginning Ma ...more
Police Chief Nudges Youth To Embrace Peace
Police Inspector-General Gregory Coleman has called on Liberian youths to do away with violence and embrace positive thoughts and actions for the ...more
All rights reserved © 2013 - 2014
Liberia News Agency