United Kingdom Forwards $5.3 Million to Global Fund to Address Funding Shortfall
September 24, 2004
The United Kingdom announced on Thursday that it has "brought forward" to this year $5.3 million of its 2005 pledge to the Global Fund to Fight AIDS, Tuberculosis and Malaria to help ensure that the United States can supply the maximum pledge amount authorized by Congress, according to a Global Fund release (Global Fund release, 9/23). Congress authorized $547 million for the fund for fiscal year 2004. However, the bill (HR 1298) authorizing the pledge stipulates that the total U.S. contribution to the fund cannot exceed 33% of total contributions to the fund. Under the requirement, other donors would have to contribute a total of $1.11 billion to the Global Fund for the United States to provide the total $547 million that Congress authorized. Because the fund was $243 million short of the $1.11 billion by the July 31 deadline, the United States only would have been able to contribute $427 million and would have rolled the remaining $120 million back into the budget for the President's Emergency Plan for AIDS Relief. However, Ambassador Randall Tobias, head of the State Department's Office of the Global AIDS Coordinator, last month announced that he intends to hold the $120 million until Sept. 30 -- the end of the federal fiscal year -- to give other countries and foundations more time to make the additional contributions to the Global Fund (Kaiser Daily HIV/AIDS Report, 8/19).
Donation Details, Letter
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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