In the midst of round-the-clock meetings between the rich and powerful at the World Economic Forum Annual Meeting here, the Bill and Melinda Gates Foundation on Thursday committed $750 million to fighting AIDS, tuberculosis and malaria in developing countries.
The foundation is providing the money to The Global Fund to fight AIDS, Tuberculosis and Malaria through a promissory note, Co-Chair, Mr Bill Gates, said.
“These are tough economic times, but that is no excuse for cutting aid to the world's poorest,” he added.