With governments scaling back foreign aid, there is no excuse not to allocate part of the funds raised from a financial transaction tax to health needs in developing countries. A financial transaction tax would give us the predictable and sustainable funding source that is needed now more than ever. There are funding gaps across global health that could be plugged with money from a financial transaction tax. It’s time to invest in real lives—real futures.
Sharonann Lynch, HIV/AIDS policy adviser for MSF’s Access Campaign, in the press release calling on G20 leaders to bail out global health with a financial transaction tax.
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