Tuesday, October 15, 2024
spot_img

Norway pledges over $90 million to WHO

Date:

Share post:

spot_img
spot_img

Oslo, Oct 15: The Norwegian government announced a major financial commitment to the World Health Organization (WHO), pledging 1 billion Norwegian kroner ($93 million) over the next four years (2025-2028).

The contribution, made during the WHO’s first investment round for sustainable financing, underscores Norway’s dedication to strengthening global health systems and supporting the WHO’s crucial role in global health, the Norwegian government said on Monday in a press release.

“The World Health Organization is more important than ever,” said Norwegian Prime Minister Jonas Gahr Store. “WHO has repeatedly proven its significance as a meeting place and coordinating body, especially in times of crisis.” The investment round, the first of its kind, aims to secure more sustainable financing for the WHO’s work.

Norway is hosting the event with France, Germany, Brazil, Mauritania, South Africa, and Saudi Arabia, Xinhua news agency reported. Norway’s contribution will be allocated as flexible funds, in addition to its mandatory contributions and donations to the WHO’s crisis response efforts.

This flexibility is crucial for the WHO to allocate resources to priority areas identified by its governing body, the World Health Assembly. Currently, most of the WHO’s funding comes from voluntary contributions earmarked for specific purposes.

IANS

spot_img
spot_img

Related articles

Shoojit Sircar believes his films are influenced by his ‘guru’ Satyajit Ray’s cinematic legacy

Mumbai, Oct 15:  National award-winning filmmaker Shoojit Sircar has time and again delivered some of the truly remarkable...

Woman raped by auto-rickshaw driver in Hyderabad

Hyderabad, Oct 15: A young woman was allegedly sexually assaulted by an auto-rickshaw driver in Hyderabad in the...

Top industry leaders hail PM Modi’s vision for digital governance

New Delhi, Oct 15:  Top industry leaders on Tuesday lauded Prime Minister Narendra Modi for his visionary leadership,...

Record 2.25 lakh housing units sold in India in Jan-Sep, equity investments surge

New Delhi, Oct 15: The Indian housing market saw over 225,000 units being sold during the first nine...