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GLOBAL FUND GRANTS TO MALAWI NEED IMPROVED FINANCIAL CONTROLS AND INTERVENTIONS FOR ADOLESCENT GIRLS AND YOUNG WOMEN, OIG SAYS

GLOBAL FUND GRANTS TO MALAWI NEED IMPROVED FINANCIAL CONTROLS AND INTERVENTIONS FOR ADOLESCENT GIRLS AND YOUNG WOMEN, OIG SAYS

A second audit by the Office of the Inspector General of Global Fund grants in Malawi has highlighted weaknesses in financial controls within two of the countryā€™s three Principal Recipients (Ministry of Health and ActionAid International Malawi), and in the countryā€™s interventions for adolescent girls and young women (AGYW), among other issues. Though progress has been made in strengthening the…

Fiscal agents reduce financial risks within Global Fund grants but do not build implementer capacity

Fiscal agents reduce financial risks within Global Fund grants but do not build implementer capacity

Fiscal agents have been part of the Global Fund Financial management system in countries with high or moderate fiduciary risks since 2012. According to the Global Fund Guidelines on Financial Risk Management, fiscal agents reduce financial risks originating from weak financial management of principal or sub-recipients of Global Fund grants. This article aims to foster an understanding of the place…

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