THURSDAY, NOVEMBER 23, 2017

Japan donates $340 million to the Global Fund

Japan recently donated $340 million to The Japan recently donated $340 million to The Global Fund to Fight AIDS, Tuberculosis and Malaria.

The donation is a record contribution for Japan, which has supported the Global Fund for 10 years. The fund recently announced that Japan will soon be making its first payment of $216 million for 2012.

"Japan has always been a leader in the fight against disease, but this is a great vote of confidence in our commitment to saving lives," Gabriel Jaramillo, the general manager of the Global Fund, said. "We recognize Japan's determination to see real advances in global health, and we are equally determined to deliver."

The funding is a significant increase over Japan's previous contributions. In 2010, Tokyo pledged $246 million, then its highest donation to the Global Fund. In 2011, Japan's donation was reduced to $114 million. The drop followed the devastating earthquake and tsunami that occurred in northeastern Japan in March 2011.

The Global Fund said that the new contribution demonstrates that Japan's commitment to the organization remains steadfast. Japan pledged to donate a total of $800 million over several years at the fund's third Replenishment Conference in 2010.

Japan has contributed a total of $1.6 billion to the Global Fund since the organization was created in 2002..

The donation is a record contribution for Japan, which has supported the Global Fund for 10 years. The fund recently announced that Japan will soon be making its first payment of $216 million for 2012.

"Japan has always been a leader in the fight against disease, but this is a great vote of confidence in our commitment to saving lives," Gabriel Jaramillo, the general manager of the Global Fund, said. "We recognize Japan's determination to see real advances in global health, and we are equally determined to deliver."

The funding is a significant increase over Japan's previous contributions. In 2010, Tokyo pledged $246 million, then its highest donation to the Global Fund. In 2011, Japan's donation was reduced to $114 million. The drop followed the devastating earthquake and tsunami that occurred in northeastern Japan in March 2011.

The Global Fund said that the new contribution demonstrates that Japan's commitment to the organization remains steadfast. Japan pledged to donate a total of $800 million over several years at the fund's third Replenishment Conference in 2010.

Japan has contributed a total of $1.6 billion to the Global Fund since the organization was created in 2002.