Gates Pledges US$750m to Global Fund

Microsoft chairperson and philanthropist, Bill Gates, pledged a further US$750 million to the troubled Global Fund to Fight AIDS, Tuberculosis and Malaria and urged governments to continue their support to save lives.

Speaking at the World Economic Forum’s annual meeting in Davos, Gates pointed out that, “These are tough economic times, but that is no excuse for cutting aid to the world's poorest."

The Bill & Melinda Gates Foundation is giving US$750m through a promissory note - a fresh injection in addition to the US$650m that the Gates charity has contributed since the fund was launched 10 years ago.

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