LATIN AMERICA ADVISOR

LATIN AMERICA ADVISOR

A daily publication Of the dialogue

December 3, 2054

How Much Can Governments Raise Health Spending?

The director of the Pan American Health Organization has said governments in Latin America should raise public spending on health to at least 6 percent of GDP. // File Photo: Mexican Government.

Q

A

Antonio Vergara, head of Roche Diagnostics Latin America, and Rolf Hoenger, head of Roche Pharma Latin America: “For the last two years, health care has become a major priority for both the public and private sectors in Latin America. While this has been a tremendous opportunity to highlight how smart investment in health can benefit social development and economic growth, access to quality care services continues to be a challenge for a large portion of the population, especially in Latin America, leaving too many patients vulnerable. According to the Pan American Health Organization, to improve the performance of health systems in the region, countries need to increase their investment in health care to at least 6 percent of their GDP and allocate at least 30 percent of that value to primary care services. Not only do efficient care services guarantee people’s well-being and shield our countries against the multi-layered impact of emergencies such as the Covid-19 pandemic…”

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The Inter-American Dialogue publishes the Latin America Advisor every business day for a distinguished membership of informed corporate leaders, scholars, and government officials invested in Latin America’s development and future. The Advisor‘s highly regarded Q&A section covers questions submitted by subscribers themselves. Commentators regularly include heads of state, business leaders, diplomats, economists, analysts, and thought leaders from around the world. Many of the world’s largest and fastest-growing companies subscribe to the Advisor. To subscribe, click here. For terms and conditions, click here. For more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.

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Devry Boughner Vorwerk
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Joyce Chang
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Nicolas Mariscal
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Ernesto Revilla
Head of Latin American Economics, Citi

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