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International News

Lancet Reports on Global Fund Donors That Have Held Back Contributions

August 5, 2011

Several donors to the Global Fund to Fight AIDS, Tuberculosis and Malaria "continue to hold back their contributions for this year ... add[ing] up to more than $500 million that the Global Fund had been counting on for this year out of a total budget of about $3 billion," the Lancet reports.

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Following a December 2010 report from the Office of the Inspector General to the Global Fund Board that identified fraud and irregularities with fund donations in four countries, Germany, Sweden, Denmark and the European Commission (EC) froze or withheld pledges to the Global Fund, according to the article. The Lancet reports that Germany, Denmark and Sweden will consider releasing their funds based on the findings of a final report of an independent international panel charged with "assess[ing] the risk of fraud and misappropriation in the Global Fund portfolio and the robustness of the Global Fund's existing systems of control," which is due out in September, as well as a confidential EC institutional audit that currently is being reviewed by the Global Fund.

"The Global Fund Secretariat insists that, despite the shortage of funds, no planned activities under ongoing programs, including distribution of drugs, have been affected so far," according to the Lancet (Usher, 8/6).

Back to other news for August 2011


This information was reprinted from kff.org with permission from the Henry J. Kaiser Family Foundation. You can view the entire Kaiser Daily Global Health Policy Report, search the archives, and sign up for email delivery. © Henry J. Kaiser Family Foundation. All rights reserved.



  
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This article was provided by Henry J. Kaiser Family Foundation. It is a part of the publication Kaiser Daily Global Health Policy Report. Visit the Kaiser Family Foundation's website to find out more about their activities, publications and services.
 
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