US to unveil allocation of new Caribbean AIDS funding next week

Friday, January 30, 2004

WASHINGTON, USA (AFP): The United States plans to announce next week how it will spend more than two billion dollars this year to stop the spread of HIV, targeted at 15 Caribbean and African nations, US Secretary of State Colin Powell said Thursday.

"You will see that it will be a significant commitment of funds: new funds for new programs as well as a continuation of our efforts with our bilateral programs and our support of the global health fund," he told reporters at the State Department.

US officials said the announcement would likely come on Tuesday, a day after US President George W. Bush presents his proposed fiscal 2005 budget to Congress.

Last year, US President George W. Bush called for the United States to spend 15 billion dollars on HIV/AIDS prevention and research over five years.

Bush had asked for three billion dollars for the first year but Congress appropriated 2.4 billion dollars for HIV/AIDS funding in fiscal 2004. 

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