By Jennifer Rigby
LONDON (Reuters) -One of the world’s largest global health initiatives will shift more of its resources to the very poorest countries to help them manage cuts in foreign aid, its chief executive said, warning of widening health inequalities worldwide.
The Global Fund to Fight Aids, Tuberculosis and Malaria is trying to raise $18 billion for its work from 2027-2029. But it faces a challenging funding climate as many donor governments, led by the United States, have pulled back from aid. It has also already warned some countries their existing grants for 2025-2026 may be cut as a result.
“We’re skewing our resources even more to the very poorest countries… We are particularly concerned about places where there is really no alternative,” said Peter Sands, chief executive