On 14-15 November 2017, the Global Fund Board held its 38th meeting in Geneva, Switzerland. GFO was present, with observer status. The main decisions made at the meeting, in chronological order, were as follows. (For precise wording of what the Board agreed, see the decision points document that is available at www.theglobalfund.org/en/board/meetings/38.
The Global Fund Board approved a 2018 operating expenses (OPEX) budget totaling $312.0 million. This is $12.0 million higher than the 2017 OPEX budget.
On 16-17 November 2015, the Global Fund Board held its 34th meeting in Geneva, Switzerland. GFO was present, with observer status.
Le Fonds mondial a confiance dans sa capacité à faire face à la tempête actuelle sur le marché des changes, au raidissement observé dans le système bancaire international et à des besoins financiers supplémentaires en raison d’une durée des subventions raccourcie, sans que cela n'entraîne une quelconque interruption dans les prestations de services d'ici l
The Global Fund is confident it will weather a perfect storm of currency fluctuations, a straitened environment in international banking and additional financial requirements caused by shortened grants to face no interruption in services through the end of the 2014-2017 allocations period.