Global Fund Delays Acceptance of Applications for New Grants by Six Months
July 19, 2004
Officials from the Global Fund to Fight AIDS, Tuberculosis and Malaria on Friday announced a six-month delay on the acceptance of grant applications because of an "unexpectedly small" amount of financial contributions from international donors, the New York Times reports. Global Fund officials were expected to solicit new proposals in June but will not do so until November, according to the Times. The fund has received $900 million of its $3.5 billion goal for projects in 2005, Global Fund Executive Director Richard Feachem said, the Times reports. International AIDS contributions overall have increased over the last two years, and UNAIDS estimates that total contributions will increase from $4.7 billion in 2003 to $10 billion annually by 2007. However, United Nations officials estimate that programs will require $12 billion a year by 2005 and $20 billion a year by 2007. U.N. Secretary-General Kofi Annan on Tuesday called on the United States to allocate $1 billion for fiscal year 2005 to the Global Fund (LaFraniere, New York Times, 7/17). However, Randall Tobias, head of the State Department Office of the Global AIDS Coordinator, on Wednesday rejected the request saying, "The president has requested $200 million for next year and I think that is more than adequate to meet the requirements of the Global Fund in terms of getting money out for putting programs in place" (Kaiser Daily HIV/AIDS Report, 7/15). Tobias said the fund must look to other donors to meet its goals.
Reprinted with permission from kaisernetwork.org. You can view the entire Kaiser Daily HIV/AIDS Report, search the archives, or sign up for email delivery at www.kaisernetwork.org/dailyreports/hiv. The Kaiser Daily HIV/AIDS Report is published for kaisernetwork.org, a free service of the Kaiser Family Foundation, by The Advisory Board Company. © 2004 by The Advisory Board Company and Kaiser Family Foundation. All rights reserved.
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