pooled procurement mechanism

4.

Currency fluctuations: How the Global Fund and PRs manage risk

12 Jun 2018
In countries with currency volatility, various approaches are used to protect procurement

Currency fluctuations are a major concern for Global Fund stakeholders, particularly recipient countries whose domestic currency can experience significant shifts over relatively short periods of time. The strength of both the US dollar and the Euro in recent years has further exacerbated this issue for many countries.

7.

OIG investigation reveals small-scale fraud by a supplier for a Global Fund TB grant to Burkina Faso

5 Sep 2017
Investigation also finds negligence on the part of the PR

An investigation by the Office of the Inspector General (OIG) has found evidence of small-scale fraud on the part of a local supplier. It also found that the principal recipient (PR) of a TB grant did not take appropriate action in awarding a contract to the supplier and in responding to the fraudulent activities once they became known.

12.

wambo.org: Global Fund PRs may place a limited number of orders using domestic financing

4 May 2017
Pilot project approved by the Board

The Global Fund Board has agreed to allow wambo.org to facilitate, on a pilot basis, 10 procurements by principal recipients (PRs) using domestic funding. Each procurement can be for multiple products.

8.

Global Fund is developing a comprehensive supply chain strategy

4 May 2017

The Global Fund is developing a comprehensive supply chain strategy that will define a scope of responsibility, oversight, and necessary initiatives to address supply chain challenges.

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