PHM-Exch> UN launches $40 billion health drive (2)

Claudio Schuftan cschuftan at phmovement.org
Mon Sep 27 00:14:41 PDT 2010


From: Ronald Labonte <rlabonte at uottawa.ca>


 We have ample reason to be dubious of such grant announcements. In Canada’s
case, its summit announcement of $300 million over 3 years to the Global
Fund (on the heels of its larger pledge to a new G8 maternal health drive
announced when it hosted the G8/G20 summits earlier this year) is not new
money. Much earlier this year Canada announced that it was freezing all
development assistance spending for the next 5 years at its current level.
So any new aid announcements are simply re-arranging how the firmly capped
budget will be spent. As for philanthropy, let’s not forget that Pfizer last
year paid the biggest corporate fine in US history for illegal drug
marketing, and is facing yet another lawsuit. Carlos Slim, meanwhile, is
hip-deep in tobacco companies and profits, addicting and killing with one
hand what he now contributes to curing with the other.



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