According to the Office of the Inspector General, insufficient progress has been made in assurance and risk management. In its semi-annual progress report to the Board, the OIG said that its audit work has revealed that despite Global Fund investments in this area, assurance measures have had limited effectiveness and are still not being tailored to the country context. The…
David Garmaise
The Global Fund Board has approved an operating budget of $305 million for 2016, which includes $16.3 million for the Office of the Inspector General. This compares to actual expenditures of $286 million in 2014 and projected expenditures of $296 million for 2015. If the Fund spends the full $305 million for 2015, it will have spent $887 million for…
David Garmaise
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