Main decisions at Global Fund Board meeting relate to operating expenses budget and private sector engagement
On 14-15 November 2018, the Global Fund Board held its 40th meeting in Geneva, Switzerland. GFO was present, with observer status.
At its meeting on 14-15 November in Geneva, the Global Fund Board approved a 2019 operating expenses (OPEX) budget of $302 million. This means that the Board has met its commitment to stay within a budget ceiling of $900 million for 2017–2019.
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.