Africa: World Bank and IMF hampering Aids funding

The World Bank and International Monetary Fund, both financial organizations that aim to reduce poverty, are preventing foreign aid from reaching HIV/AIDS programs in developing countries, claims an article in this week’s issue of The Lancet. Ted Schrecker of the University of Ottawa and Gorik Ooms of Médecins Sans Frontières in Brussels, write expenditure ceilings for public health, created by the World Bank and the International Monetary Fund (IMF), stop countries from benefiting from outside investment in their health programmes.