The Global Fund
is a project organized to speed up resolving epidemics like HIV, tuberculosis,
and malaria. The Global Fund, as an international organization, mobilizes and
spends more than US$ 4 billion a year in support of initiatives run by local
experts in over 100 countries. They are breaking obstacles and promoting
progress in collaboration with states, civil society, professional organizations,
the private sector and the people affected by the diseases.
For 2020-2022
Sri Lanka will receive 20 million euros in funding to support the improvement
of health systems, courtesy of the Global Fund. Minister of Health and
Aboriginal Media Services, Pavithradevi Wanniarachchi, has asked officials to
make sure the funds are used rationally.
Minister has
directed Bhadrani Jayawardena, Secretary of the Ministry, to use all the money
to improve the health sector. It is known that ten new Electronic X-ray
machines are proposed with the top priority being Gene expert machines. The
Ministry has said the Global Fund had issued US$ 101 million since 2003.
Institute of
Health Policy helps the health ministry in writing and applying to the Global
Fund. The Global Fund, established in 2002, is a collaborative agency of the
21st century, designed to accelerate the end of epidemics such as AIDS,
tuberculosis, and malaria. The Geneva-based fund provides financial assistance
to countries where the diseases exist.
Health
infrastructure is generally sound, although there is a recognized need for new
investment, especially in the north and east of the country where conflict has
damaged parts of the health system, according to the Global Fund Sri Lanka. Because
of inbound migration from India and China, tuberculosis remains a public health
problem in Sri Lanka.
The health
infrastructure in Sri Lanka is generally sound. There are still areas of need,
however, especially in the country's north and east, where violence has
devastated parts of the health system. Tuberculosis remains a public health
problem, despite significant changes, due to inbound migration from India and
China. In 2016, WHO certified Sri Lanka malaria-free.The incidence of HIV in
Sri Lanka is minimal.
OSL Take: The
setting up of Global Fund investments to diagnose non-communicable diseases is
a development undertaken by Sri Lanka’s health sector, which is engaged in the event
of its facilities as well as improving the medical technologies in line with
global trends.
Sri Lanka’s health
sector is a hotbed for investments given the many projects ranging from the
development of the state hospital network to the manufacturing of
pharmaceuticals and medical supplies. Interested foreign investors could
explore investment opportunities in Sri Lanka’s health sector.
The latest
commitment by the Global fund to offer US$ 20 million to Sri Lanka in support
of its development agenda shows the growing ties between the two countries. Sri
Lanka already enjoys US GSP trade concession, which has helped boost Sri Lankan
exports to the US. The close link between Sri Lanka and the US is an
encouraging sign for businesses in both nations since they would look at
forming successful business/trade partnerships. Also, US businesses could
explore opportunities for taking part in Sri Lanka’s development programme.
No comments:
Post a Comment