The IMF has approved a $5 billion augmentation to its loan program for Egypt, bringing the total amount to $8 billion, in response to the country's stumbling economy exacerbated by the war in Gaza. This move is part of a wave of global aid aimed at bolstering economies affected by various crises.
The U.S. President's Emergency Plan for AIDS Relief (PEPFAR), a program that has saved 25 million lives globally, is facing instability due to opposition from a small number of Republican lawmakers who are threatening its funding over the issue of abortion. PEPFAR, created by President George W. Bush, provides HIV/AIDS medication, strengthens healthcare systems, cares for AIDS orphans, and offers job training. The program's bipartisan support is cracking as some Republicans accuse the Biden administration of using PEPFAR to promote abortion. Supporters argue that existing U.S. law already prohibits funding for abortion services, and any instability in funding could have dangerous implications for global health.
Republican lawmakers in the United States are threatening the stability of the U.S. President's Emergency Plan for AIDS Relief (PEPFAR), a program that has saved 25 million lives in 55 countries. The threat stems from opposition to abortion, with some Republicans accusing the Biden administration of using PEPFAR to promote its "domestic radical social agenda overseas." The proposal to renew PEPFAR includes a ban on funding for NGOs that provide or promote abortion services, which has sparked bipartisan disagreement. Supporters argue that existing U.S. law already prohibits the use of PEPFAR funding for abortion services, and any instability in funding could have dangerous implications for global health, potentially leading to a resurgence of HIV/AIDS and the loss of millions of lives.