The Global Fund has narrowed the search for a new Executive Director to 11 candidates, six males and five females. This information was provided to Board members at the Global Fund Board meeting in Geneva by Masaki Noke and Karlo Boras, respectively Chair and Vice-Chair of the Ad-Hoc Nominations Committee (AHNC). The AHNC reported that by 19 June 2012, the…
The Global Fund is now forecasting that it will have uncommitted assets worth $1,428 million by December 2014. The forecast was prepared by the Secretariat and was presented to the Global Fund Board at its meeting on 13–14 September 2012. The forecast represents an increase of $373 million over the forecast presented to the Board at its 26th meeting in May…
The Secretariat is making a special effort to fix what it calls “stuck grants.” These are grants to which no money has flowed within the first three months after signature of the grant agreement or, for more mature grants, to which no money has flowed within the last six months. This information is contained in the report prepared for the…
Editor’s Note: Included in this summary is the Board decision on the broad elements of the new funding model. On 13–14 September 2012, the Global Fund Board held its 27th 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…
In a report on its audit of Global Fund grants in Ukraine, the Office of the Inspector General (OIG) said that the grants had produced positive outcomes and that a number of good practices and achievements had been observed. However, the OIG added, grant administration and financial management require attention “if the Global Fund’s investments to secure health outcomes are…
In theory, country coordinating mechanisms (CCMs) are a great idea. CCMs provide a forum for relevant stakeholders in a country to discuss the gaps in the national response to AIDS, TB and malaria, develop proposals for the Global Fund to address these gaps, nominate principal recipients (PRs) to implement the programmes should the proposals be approved, and oversee implementation. In…
Malawi has secured positive outcomes and achievements with Global Fund grants but needs to address weaknesses in grant administration, procurement and supplies management, and financial management, an audit report by the Office of Inspector General (OIG) has said. The report, which was released in early August 2012, did not detect any grant funds that had been misappropriated. However, it identified…
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