Global AIDS Funding
The Global Fund to Fight AIDS, Tuberculosis and Malaria, the world’s largest source of AIDS funding, has announced that economic conditions have forced it to cancel its eleventh11th round of funding. On November 23, 2011, the Fund’s board stated: The Global Fund has US$4 billion held at its trustee account to ensure disbursements on all existing grants. Based on pledges from donors, the Fund has or expects to receive resources enabling the institution to sign grants for existing approved programs with a value of more than US$10 billion for the period 2011 to 2013. However, a revised resource forecast presented…
