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Health financing crisis

Two major studies published in The Lancet reveal the health financing crisis facing developing countries as a result of low domestic investment and stagnating international aid, which could leave millions of people without access to even the most basic health services. The two studies led by Joseph Dieleman from the Institute for Health Metrics and Evaluation (IHME), Seattle, will be presented this week at the World Bank Group Universal Health Coverage Annual Financing Forum. The research estimates that by 2040, average health spending per person will range from $164 in low-income countries to $9019 in high-income countries, remaining lowest in sub-Saharan Africa in countries like Somalia ($34), and highest in US ($16592).

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