Belgian Minister for Development Cooperation Olivier Chastel said June 6 that his government is ready to contribute €21 million ($30.7 million) this year to the Global Fund to Fight AIDS, Tuberculosis and Malaria if the results of the European Union’s investigations on the misuse of the financing agency’s grants prove favorable for the fund.
Aside from the EU audits, the fund was earlier subjected to an independent review by a group of international experts. The findings were expected to be released in May but “will most likely only be available in September,” according to a statement from Chastel’s office.
The statement did note that despite the EU probes, the European Commission has not stopped its financial support to the Global Fund.
“We must get sufficient guarantees that the money allocated to the Global Fund to Fight AIDS, Tuberculosis and Malaria is being used correctly. This is a matter of good management,” Chastel added. “The Global Fund is a legitimate institution and I am therefore happy with the decision made in February regarding the establishment of measures to strengthen financial protection and the opportunities to combat fraud.”
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