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World Bank On Health Care

22 Jan 2010
Posted by cssturk
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World Bank triples funds for health care amid crisis
WASHINGTON
Sat Apr 25, 2009 10:52am EDT

WASHINGTON (Reuters) - The World Bank is set to triple health care spending in developing countries to $3.1 billion this year amid signs governments are cutting funding in the midst of a global economic crisis.

http://www.reuters.com/article...

ON THE OTHER HAND

Defense Spending & The Military Budget.
Congress and the White House allocate $522 billion a year to the Defense Budget.

To put the level of U.S. Defense Spending in perspective.
• $30 billion is the annual shortfall to eliminate starvation and malnutrition globally.
• $12 billion is the annual shortfall to provide education for every kid on earth.
• $15 billion is the annual shortfall to provide access to water and sanitation.
• $23 billion is the annual shortfall to reverse the spread of AIDS and Malaria.
Source: World Bank
http://www.borgenproject.org/D...

The price to decipher the first human genome was $3.2 billion, only. After this initial investment, now we are talking about under $1000 genome sequencing for single individuals.

Having seen the big picture, the $3.1 billion world bank donation for health care to the developing world seems to be little symbolic.

I bet world bank wouldn't make a better advertisement with a $3.1 billion budget.

"World bank made a $3.1 billion health care donation to the developing world".

-Great-