Health Trust Fund fundraising events raise over MVR 5.5 million (US$357,142)
09 Jun 2013, 7:43 PM
Leah Malone
Following a week of fundraising events the Health Ministry has raised over 5.5 million MVR (US$357,142) for the Health Trust Fund established in late April, falling short of the MVR 270 million (US$ 17,532,450) needed for health sector services.
The Health Trust Fund was established 20 November 2012 under Ministry of Finance and Treasury regulations and inaugurated on April 29, 2013.
The only way the Health Trust Fund can be maintained is through donations of sufficient assets and in this regard government and private sector contributions are very important, Minister of Health Dr Ahmed Jamsheed recently told local media.
He explained that the health sector requires an additional MVR 270 million (US$ 17,532,450), which requires public contributions and cooperation.
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