Enhanced financial report

5.

Global Fund Uses Enhanced Financial Reports To Improve Grant Management

18 May 2010

About two years ago, the Global Fund introduced a template for an Enhanced Financial Report (EFR), which all principal recipients (PRs) are required to submit annually (and also at the 18-month mark, in preparation for Phase 2 renewal). The EFR replaced the old Annual Report. The purpose of the EFR is to improve grant management, performance measurement, transparency and accountability.

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