U.N. News: Spending on health increase faster than rest of global economy, U.N. health agency says
“Spending on health is outpacing the rest of the global economy, particularly in low- and middle-income countries, the World Health Organization (WHO) said on Wednesday. According to the U.N. health agency, ‘countries are spending more on health, but people are still paying too much out of their own pockets.’ The agency’s new report on global health expenditure launched on Wednesday reveals that ‘spending on health is outpacing the rest of the global economy, accounting for 10 percent of global gross domestic product (GDP)’…” (2/20).