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    	<hl6 id="Headline1" class="1" style="Headline6">
		<lang class="3" style="Headline6"  font="ITC Giovanni Std"  size="65">Investment in health gives   10 times more return</lang>
	</hl6>
<hl7 id="Headline1" class="1" style="Headline7">
		<lang class="3" style="Headline7"  font="ITC Giovanni Std"  size="22">A top official of Bill &amp; Melinda Gates Foundation tells The Daily Star</lang>
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     <p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Bold">Sajjadur Rahman
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Bold">........................................................................
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Bold">B</lang>
<lang  class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">ANGLADESH should increase its investment in social sectors such as health, education and nutrition to build a healthy population and enjoy demographic dividend, said a senior official of the Bill &amp; Melinda Gates Foundation.    
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">“Investment in health gives 10 times more return and that’s a conservative number,” Mark Suzman, chief strategy officer and president of the foundation’s global policy and advocacy, told The Daily Star in an interview in Dhaka recently.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">Ten was the lower number and the foundation-commissioned study says the return on health is between 10 and 17 times.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">“That return takes place over 25 years. And if you look over the cycle of the economy, the benefits are indisputable,” he said, adding that the higher allocation for education and health in fiscal 2019-20’s budget was encouraging.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">The foundation strongly believes the basic investment on health start before pregnancy, and Bangladesh still has a very extensive stunting problem.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">“Stunting is extremely damaging to you because if you don’t get full proper nutrition in the first two years of life and particularly in the first six months, your brain will never fully recover and develop into what it would have been otherwise.”
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">“That’s a huge tax on future generations and the future workforce. So, we believe it’s critically important that those investments be prioritised now and then naturally the demographic dividend actually comes into being.”
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">Set up in 2000, the Bill &amp; Melinda Gates Foundation is a private foundation founded by the Microsoft founder and his wife and is the largest transparently operated private foundation in the world.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">Based in Seattle, the foundation’s total grant payments since inception was $50 billion. Last year, the total direct grantee support was $5 billion, up from $4.7 billion a year earlier according to the charitable organisation’s website.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">Historically, it has focused on global health and health-related issues. It also focuses on areas that could have catalytic effect on poverty, such as agricultural development, access to sanitation and financial inclusion. 
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">It has been working extensively in Bangladesh for more than a decade. The areas include nutrition, agriculture research, health and financial inclusion.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">“What we are doing are aligned with the priorities of the government.” 
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">Over the last 10 years, it has provided about $250 million directly and another $100 million indirectly to Bangladesh. It works through 60 to 70 partners.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">It has been a long-term supporter of the International Centre for Diarrhoeal Disease Research, Bangladesh (ICDDR,B). 
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">It has a partnership with the Bangladeshi Rice Research Institute (BRRI) to help it develop more robust hybrid rice seeds that are both more drought- and flood-resistant and are often with improved food fortification.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">“The ICDDR,B and the BRRI are the examples of models that we would love to be replicating in some other countries.”
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">In Bangladesh, it also finances a lot of the big international agencies such as the Global Alliance for Food Security and the GAVI Alliance and the Global Fund to Fight HIV, TB and malaria.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">It primarily provides grants as well as a combination of financial and technical support.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">“It is a two-way partnership: we learn a lot from what our partners here are doing, which often can be relevant for our work in other countries.”
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">It has been partnering with Brac for well over a decade in multiple areas.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">“We have been increasing our work steadily,” said Suzman, who joined the foundation in 2007 as the director of global development policy, advocacy, and special initiatives.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">In 2012, he was appointed president of global policy, advocacy and country programmes, and in 2016 he was given an additional title: the foundation’s first chief strategy officer.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">Bangladesh has made impressive progress over the last decade in bringing down child and maternal mortality and overall poverty rates, said Suzman, a South African national.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">The child mortality numbers are a big contributing factor and Bangladesh has an excellent track record in vaccine delivery.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">“But even when you have progress like that, there’s still more to be done.”
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">The foundation is a big financial supporter of the GAVI, a global vaccine alliance through which Bangladesh procures most of the standard vaccines at a much lower price.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">But Bangladesh’s graduation into the lower middle-income bracket means it might lose the eligibility to the discounted GAVI rates.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">“Bangladesh will now have to start paying a little bit more for vaccines because you’re a wealthier country. It’s a similar problem that a country like Vietnam is having right now.”
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">During the visit, Suzman met with the principal coordinator of the government on Sustainable Development Goals and the planning minister to see how the foundation’s interventions can contribute to areas such as health, agriculture and nutrition, where there is potential for improvement.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">Bangladesh did very well and very badly in the World Bank’s recent Human Capital Index, he said.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">The country is one of the best performers in South and East Asia and performs better than India. It showed significant improvements in investment in education and health, the two main contributing factors to human capital.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">On gender equity, he said there has been important progress but it is not as much as it should have been.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">The Gates Foundation has also some activities in the area of climate change. Bangladesh is one of the biggest victims of the changing climate and hosted the Global Commission on Adaptation meeting in Dhaka last month.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">The purpose of the meeting was to determine how to help the adaptation process of countries like Bangladesh that actually contributed relatively little to climate change but are disproportionately affected by the results.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">“And one of the discussions I was having with the foreign minister was how we can combine our voices and the voice of the government of Bangladesh at the upcoming UN General Assembly where there is going to be a big climate summit to focus on these kinds of issues, which we feel not enough attention has been paid to.”
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">Unlike the Millennium Development Goals, the SDGs will have to be implemented by the respective countries. 
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">For Bangladesh, it will need $1 trillion to meet the goals, and the financing challenge is a very real one. 
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">Financing should come from three sources: the government, the private sector and international aid agencies, donors and philanthropies like the Gates Foundation.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">The biggest pool and the most important is the domestic resources of the country itself and how it is mobilised.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">Bangladesh has made some improvements but by international comparisons, it still has a relatively low percentage of the GDP captured as a sort of tax and governmental revenue.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">“You’re not going to be successful if that doesn’t increase significantly over the next decade.” 
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">The private sector can think about how it can contribute to achieving the SDGs through businesses directly and through corporate social responsibility indirectly.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">Bangladesh has put in place an SDG tracker to measure the progress in real time and check accountability.
</lang>
</p>
<p style=".Bodylaser">
	<lang class="3" style=".Bodylaser" font="ITC Giovanni Std" fontStyle="Book">“That’s exactly the kind of model we think other countries should be following,” said Suzman, who holds a doctorate in international relations from Oxford University and earned his bachelor’s degree from Harvard University.</lang>
</p>

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