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Clinton Global Initiative Garners $63 Billion

24 September 2010 19:50 (UTC +04:00)

Baku â€“ APA. The Clinton Global Initiative has concluded its annual meeting in New York with multi-billion dollar commitments from participants to help address problems of poverty, disease and injustice around the world, APA reports quoting â€œThe Voice of Americaâ€.
Former President Bill Clinton told the CGI’s final plenary session that the organization has garnered more than 1,950 commitments now valued at $63 billion impacting just under 300 million lives in about 170 countries.

Former Microsoft chairman Bill Gates told Mr. Clinton on stage he is worried rich countries may cut back on foreign aid in the aftermath of the global economic crisis.
"The money they spend, let’s say, on Millennium Development goals - AIDS, medicines, vaccines, food, those things - will that suffer disproportionately when there’s a change?"