Jan 29, 2012

Bill Gates Injects $750 Million Into Troubled AIDS Fund - International Business Times

(REUTERS) -- Microsoft chairman and philanthropist Bill Gates pledged a further $750 million to the troubled global AIDS fund on Thursday and urged governments to continue their support to save lives.

"These are tough economic times, but that is no excuse for cutting aid to the world's poorest," he said in Davos at the annual meeting of the World Economic Forum.

The public-private organization, which has the backing of celebrities like rock star Bono, accounts for around a quarter of international financing to fight HIV and AIDS, as well as the majority of funds to fight TB and malaria.

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