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WHO creates foundation to boost funding in coronavirus fight

The World Health Organization announced on Wednesday the creation of a foundation to tap new sources of funding that could help ease a potential cash shortage as it leads the global fight against the coronavirus pandemic.

Announcing the creation of the WHO Foundation at a virtual briefing, WHO Director-General Tedros Adhanom Ghebreyesus denied the move was related to “recent funding issues”, saying it had been in the works for years.

President Donald Trump has threatened to halt funding from the United States, the WHO’s biggest donor, after criticising its handling of the pandemic and accusing it of being China-centric. In a letter to Tedros last week, Trump called on the U.N. agency to initiate reforms within 30 days.

Tedros told a news conference the body had warned “many times” about a pandemic in recent years. Countries had identified gaps in their preparedness for fighting pandemics, but financing had not materialised, he said.

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Meeta Ramnani
Meeta Ramnani
Meeta develops credible content about various markets based on deep research, opinions from experts and inputs from industry leaders. As the managing editor at Smart Industry News, she assures that every piece of news and article adds to the knowledge of decision makers. An avid bike rider, Meeta, is a postgraduate from Indian Institute of Journalism and New Media (IIJNM) Bangalore, where her specialization was Business Journalism. She carries experience from mainstream print media including The Times Group and Sakal Media Group.
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