AHF Mobilizes DC World Bank Protest: Friday, October 13, 12 pm - 1 pm

Outdated World Bank Classifications Put 75% of the World’s Poor in
Nations Designated as “Middle-Income Countries,” Including the Majority
of People Living With HIV/AIDS

Demonstrators Will Call for Revised MIC Designations to Increase
Foreign Aid Eligibility for Poor Countries

WASHINGTON--(BUSINESS WIRE)--#AHF--AIDS
Healthcare Foundation
(AHF) continues its activism to push for
reforms in the way the World Bank classifies “middle-income countries”
(MIC) and will hold another peaceful demonstration on Friday, October
13
th outside the World Bank’s headquarters in
Washington, DC. Building upon its “Raise
The MIC” global advocacy campaign
, which was launched in 2015 with
support from over 300 organizations and advocates in 30 countries,
demonstrators will call on the World Bank to set the lower limit of the
MIC category at or above $3,650 of Gross National Income per
capita—equivalent to about $10 per day—to increase poor nations’ access
to foreign aid, including HIV/AIDS drugs and other essential
medications. The World Bank currently designates MICs as those with an
income of at least $2.76/day, barely above the International Poverty
Line of $1.90/day.


For a visual breakdown of how the current MIC classification system
affects the world’s poorest countries, view this video produced by AHF: https://youtu.be/r5bqB2lSCvM

WHAT:       WORLD BANK PROTEST: Advocates to press World Bank to update
flawed Middle Income Country (MIC) designations.
 
WHEN: Friday, October 13, 2017

12 – 1 PM ET

 
WHERE: World Bank Headquarters

1818 H St. NW

Washington, DC 20006

 
WHO: Denys Nazarov, Associate Director of Global Policy
 
B-ROLL: 100 advocates with placards, whistles & banners, 3ft world globe
balloons
 

CONTACT: Denys Nazarov, Associate Director of Global
Policy for AHF, +1 (323) 219-1091 cell

“Seventy-five percent of the world’s poor reside in countries classified
as middle-income, including the majority of people living with
HIV/AIDS,” said John Hassell, AHF’s Regional Director in
Washington, D.C. “The current MIC designation covers countries whose
average citizen lives just above the poverty line and whose basic
necessities are barely met. We are urging the World Bank to revise its
methodology so that it more closely aligns with the economic realities
of people in the developing world.”

AHF and its partners say that the Bank’s MIC designations—which are
frequently used by other global funders and development bodies—translate
into inadequate foreign aid for countries suffering from poverty and
prevent access to lifesaving HIV/AIDS drugs and other essential
medications. As a result of their MIC designation, countries with weak
economies face reductions in foreign aid, fewer concessionary
development loans and higher prices for essential medicines—including
lifesaving antiretroviral therapies for HIV/AIDS. For example, Mexico,
Vietnam, and Ukraine pay as much as ten times the cost of commonly
prescribed HIV drugs compared to countries classified as low-income,
despite high levels of income inequality and greater disease burden. In
Swaziland, nearly 1 in 3 adults is HIV-positive; however, the United
Nations Population Fund (UNFPA) has stopped providing condoms to the
country due to its MIC designation.

AIDS Healthcare Foundation (AHF), the largest global AIDS
organization, currently provides medical care and/or services to over
810,000 individuals in 36 countries worldwide in the US, Africa, Latin
America/Caribbean, the Asia/Pacific Region and Eastern Europe. To learn
more about AHF, please visit our website: www.aidshealth.org,
find us on Facebook: www.facebook.com/aidshealth
and follow us on Twitter: @aidshealthcare.


Contacts

AIDS Healthcare Foundation
WASHINGTON
Denys
Nazarov

Associate Director of Global Policy for AHF
+1
(323) 219-1091 cell
denys.nazarov@aidshealth.org
or
LOS
ANGELES

Ged Kenslea
Communications Director for AHF
+1
(323) 791-5526 cell
gedk@aidshealth.org