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Round 5 Funding

Round 5 Funding

Several board members commented on the fact that at present, only $300 million of the anticipated $1,000 million cost of Round 5 has been promised. This led to a resolution saying “The Board notes with concern the current shortfall regarding funds available for Round 5. The Board calls upon participants of the Replenishment Conference, and all other potential donors, to…

Global Fund Inspector General

Global Fund Inspector General

As a result of pressure from the United States, the Board agreed to appoint an Inspector General. The role of the office of the inspector general will be to assess whether the Global Fund and its grant recipients are using the money in the ways intended. Inspections, both announced and unannounced, will be conducted of the Global Fund, PRs, Sub-Recipients,…

Global Fund Board Completes Tenth Board Meeting

Global Fund Board Completes Tenth Board Meeting

This issue of GFO is devoted almost entirely to decisions made at the Global Fund board meeting that took place in Geneva on April 21-22. The Fund holds three board meetings per year. This was the tenth such meeting. GFO was present, with observer status. The meeting continued the constructive and cooperative tone that has been the pattern for some…

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