Global Fund Earmarks U.S. $169 Million for Zimbabwe Despite Issues With Central Bank
November 11, 2008
In its newly announced eighth round of funding, the Global Fund to Fight AIDS, TB and Malaria has allocated $169 million for use in Zimbabwe. Many in the impoverished nation had feared it would be denied further assistance because its Reserve Bank had mishandled money previously provided by the Global Fund. The bank, however, last week returned $7.3 million it had earlier seized. Martha Tholana, an AIDS activist, praised the Global Funds decision but said continued vigilance of the moneys disbursement is essential. She noted that even leading state hospitals in Harare, the capital, are closing wards as the economic crisis continues.
Voice of America
11.10.2008; Carole Gombakomba
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