Davos 2014: Private and Public sectors to invest in health

Private and public sector leaders agreed on Saturday to invest strongly in public health, according to a statement released by the World Economic Forum.

Representatives from both sectors said during a session called “Health is wealth” they will use health investment as a means to achieve long-term economic growth, the statement read.

Speaking about the investment decision, Arianna Huffington, President and Editor-in-Chief of the Huffington Post Media Group said that “the very title of the session says it all.”

“The Belgian philosopher Pascal Chabot called burnout a disease of civilization,” Huffington said. “We need to put healthcare, as opposed to sick care, at the heart of the debate.”

The statement was released on the last day of the 44th World Economic Forum Annual Meeting being held in Davos, Switzerland. The theme of the forum was “The Reshaping of the World: Consequences for Society, Politics and Business.”

For Al Arabiya News comprehensive coverage of Davos 2014 click here.