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AIDS Recedes as Home-Grown Funding Exceeds International Aid

Date Published: 
11/20/2012
Summary: 

Spending on AIDS by the countries hit hardest by the disease exceeded foreign aid for the first time last year, as developing nations lessened their dependence on rich countries that curbed donations to battle deficits. Low- and middle-income countries have doubled spending on AIDS to $8.6 billion since 2005, compared with international funding for the disease that stalled at $8.2 billion last year, the Joint United Nations Programme on HIV/AIDS, or UNAIDS, said in its annual report on the epidemic today.