3.

Global Fund resumes funding to the Democratic People’s Republic of Korea

6 Oct 2019
Board approves a consolidated TB and malaria grant worth $42 million, from the 2017-2019 allocations

When the Global Fund terminated its grants to the Democratic People’s Republic of Korea (DPRK), also known as North Korea, on 21 February 2018, the Fund said, “We remain committed to supporting the health of the people in DPRK, and hope to re-engage when possible.”

2.

Follow-up audit of Global Fund grants to Nigeria shows significant improvements, OIG says

6 Mar 2018
But problems remain; and some mitigation measures need more time to become effective
3.

Problems operationalizing safeguards to mitigate financial risks create delays in implementing Global Fund’s malaria grant to Cambodia, OIG says

19 Sep 2017
Finding the right balance between mitigating fiduciary risks and program risks is a challenge
1.

Board approves a grant extension and a new grant for Nigeria’s malaria program

18 Apr 2017
They will be funded using savings from the country’s existing malaria grants
Meanwhile, Nigeria risks forfeiting $45.7 million in incentive funding from 2014-2016

The Global Fund Board has approved an extension of an existing malaria grant to Nigeria as well as a new one-year grant with a new principal recipient (PR) – all at no extra cost. The extension and the new grant will be financed by reinvesting savings identified in Nigeria’s current malaria grants. This will allow Nigeria to maintain essential malaria services to the end of 2017.

1.

OIG audit identifies major deficiencies in the implementation of grants to Nigeria

10 May 2016
Ineffective implementation arrangements in a large federal state said to be at the heart of the problem
Secretariat believes that is has implemented measures to adequately minimize the risks

Despite efforts made the Secretariat and despite significant investments – over $800 million in the past few years – there are still major deficiencies in the Nigeria portfolio’s internal controls, affecting procurement and supply chain management, financial management, and program management.