WHO seeks $7 billion with fund-raising revamp
The Peninsula
Geneva: The World Health Organization launched on Sunday a new financing mechanism that aims to raise $7 billion of funds that can be deployed more qu...
Geneva: The World Health Organization launched on Sunday a new financing mechanism that aims to raise $7 billion of funds that can be deployed more quickly and flexibly.
The UN agency has traditionally relied on commitments from its 194 member states, but often these are apportioned to specific projects with several conditions attached, including deadlines that can prove too short.
WHO chief Tedros Adhanom Ghebreyesus said commitment increases would contribute $4 billion to the agency's budget of $11.1 billion over the four years through 2028.
"The Investment Round aims to mobilise the other $7 billion," Tedros told attendees at the launch event in Geneva, according to a statement.
The agency will solicit both public and private donors including foundations.
Milan, Italy: Italian fashion group Prada announced on Tuesday it had completed its acquisition of smaller rival Versace, announced earlier this year...
Seoul: Samsung launched its first triple folding phone on Tuesday, a special edition product with an eyewatering price tag placing it out of the reach...
Doha, Qatar: The Safari 10, 20, 30 Promotion has started from December 1 at Safari, one of Doha s leading hypermarket chains. This is one of Safari...
DOHA: Pakistan International School Qatar (PISQ) commemorated Iqbal Day with great passion, respect, and national pride across all its wings, paying t...
Islamic Cultural Center holds lecture on youth empowerment in Islam at Mesaieed International School
Doha, Qatar: With the attendance of 210 students, the Sheikh Abdulla Bin Zaid Al Mahmoud Islamic Cultural Center organised a lecture entitled Youth E...
Doha, Qatar: The Ministry of Public Health (MoPH) has carried out an extensive inspection campaign that included a number of restaurants, cafes, and l...
Washington, USA: Amazon and Google announced the launch of a multi cloud networking service, jointly developed to meet the growing demand for reliable...
Doha, Qatar: Twenty students from the Community College visited the Sheikh Abdulla Bin Zaid Al Mahmoud Islamic Cultural Center, where they learned abo...
London, UK: The Winter egg, one of Faberge s most dazzling creations, is due to be auctioned in London next week and set another sales price record fo...