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The world is losing the battle against HIV/AIDS and must pour in more funds to combat the pandemic, the Global Fund to Fight AIDS, Tuberculosis and Malaria said on Wednesday.
The Fund's executive director, Richard Feachem, who was in Australia to accept a pledge of US $20 million from the government, said some countries in southern Africa were imploding because of the disease.
Feachem told reporters: "We, collectively, in the rich countries have not yet adequately appreciated the global devastation that HIV/AIDS is causing."
It is estimated that the Fund needs to raise $1.6 billion to finance its 2004 programmes.
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