BAKU, Azerbaijan, March 16. The private
investment in healthcare should be increased, Former Prime Minister
of Moldova Chiril Gaburici said during the panel discussion on
“Global Health in Crisis: New Frontiers in Preparedness and Equity”
at the XII Global Baku Forum, Trend reports.

“We need to attract more private investment into the healthcare
sector. Where the private sector is involved, processes move
faster. However, government institutions must support the private
sector — whether it’s in licensing, reducing bureaucracy, or
providing tax incentives. We must work together to find a
solution,” he mentioned.

Gaburici also noted that it is necessary to increase investment
in healthcare. However, in recent years, investment in this sector
has decreased.

“One of the key problems is the illusion that we live or exist
in isolation, that the interests of individual nations are separate
from the overall well-being of the world. This mindset only leads
to increased division and competition. It’s not just about the lack
of medical resources. We went through COVID-19. But were we able to
learn the lessons? Will we act differently if something like this
happens again? Are we ready to ensure that logistics and
infrastructure can handle a new crisis?” he added.

The XII Global Baku Forum is being held from March 13 to 15 this
year under the motto “Rethinking the World Order: Transforming
Challenges into Opportunities”.

The forum is organized by the Nizami Ganjavi International
Center.

The event discusses global geopolitical changes,
multilateralism, global health crises, global recovery and regional
stability, COP29, and other important global issues.

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