Malawi Receives $332 Million Grant from 'The Global Fund' to Fight AIDS
While Malawi has made significant gains in combating AIDS, it still registers hundreds of new HIV infections every week and has one of the highest HIV prevalence rates in the world. This further strains the impoverished nation's healthcare system and economy.
In order to enable Malawi to provide HIV treatment for 745,000 patients by the end of 2017, the international aid organization 'The Global Fund' has handed over a grant of $332 million to the African country.
President Peter Mutharika said, "The country had received a grant of $332 million (292 million euros) to fight AIDS and other diseases, bringing much-needed support to a nation wrestling with public health problems. This is the largest allocation to any country in the world and we are grateful for this. The bulk of the money would be used to procure anti-retroviral drugs while the rest would go toward combating malaria and tuberculosis."
Source: AFP