Global health financing entered a critical phase after donor governments sharply reduced pledges to the Global Fund to Fight AIDS, Tuberculosis, and Malaria, leaving a multibillion-dollar gap for the 2026–2028 funding cycle. Pledges reached only US$11.85 billion, far below the US$18 billion target required to sustain lifesaving programmes. Analysis by Human Rights Watch links these shortfalls directly to preventable deaths and collapsing health services in low- and middle-income countries.
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