On 16-17 November 2016, the Global Fund Board held its 36th meeting in Montreux, Switzerland. GFO was present, with observer status.
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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.