Seeking a way out of HIV donor fatigue
Friday, December 01, 2017
At the brink of a population wipe out due to what had become the scourge, the country saw funding pouring in for the HIV/AIDS cause. Donor funding was at its highest levels ever globally, in terms of both domestic and international contributions.
Following the global financial crisis in 2008, and, what some termed ‘donor fatigue’ regarding HIV, spending from donor governments, fell from $7.7 billion in 2009 to $6.9 billion in 2010. In that period it became important to recognise the dip in disbursements from donor governments, which largely occurred in 2010.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...