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Global Fund to Fight AIDS, Tuberculosis and Malaria Approves $2.4 billion in Grants
Colleagues,
As reported at AllAfrica.Com ... The Global Fund to Fight AIDS, Tuberculosis and Malaria’s Board of Directors has made an overall approval of grants with a two-year commitment of US$2.4 billion.
... The total two-year value of the programs recommended for funding was US$2.4 billion; the second largest ever approved by the Global Fund ... The Fund has now approved a total funding of US$18.4 billion for 144 countries since it was created in 2002...
“These grants enable countries around the world to address some of the main problems they are struggling with every day,” said Dr. Tedros Adhanom Ghebreyesus, Ethiopian Health Minister and Chair of the Global Fund Board. “These grants are based on the countries’ own needs and priorities and they are therefore a particularly effective source of financing.”
... The Global Fund also approved the roll-out of the pilot phase of a facility to reduce prices for effective malaria medicines (AMFm). The Pilot phase will take place in nine African countries and Cambodia and be funded through US$216 million in funding from UNITAID, the United Kingdom government and the Bill and Melinda Gates Foundation ...
... The Global Fund Board also approved a new grant architecture to simplify management of Global Fund financing. The reform includes a transition from the current grant-by-grant funding model to continuous funding streams for countries ...
Read on at: http://allafrica.com/stories/200911120960.html
CC
As reported at AllAfrica.Com ... The Global Fund to Fight AIDS, Tuberculosis and Malaria’s Board of Directors has made an overall approval of grants with a two-year commitment of US$2.4 billion.
... The total two-year value of the programs recommended for funding was US$2.4 billion; the second largest ever approved by the Global Fund ... The Fund has now approved a total funding of US$18.4 billion for 144 countries since it was created in 2002...
“These grants enable countries around the world to address some of the main problems they are struggling with every day,” said Dr. Tedros Adhanom Ghebreyesus, Ethiopian Health Minister and Chair of the Global Fund Board. “These grants are based on the countries’ own needs and priorities and they are therefore a particularly effective source of financing.”
... The Global Fund also approved the roll-out of the pilot phase of a facility to reduce prices for effective malaria medicines (AMFm). The Pilot phase will take place in nine African countries and Cambodia and be funded through US$216 million in funding from UNITAID, the United Kingdom government and the Bill and Melinda Gates Foundation ...
... The Global Fund Board also approved a new grant architecture to simplify management of Global Fund financing. The reform includes a transition from the current grant-by-grant funding model to continuous funding streams for countries ...
Read on at: http://allafrica.com/stories/200911120960.html
CC
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