The Global Fund to Fight AIDS, Tuberculosis and Malaria welcomed Germany’s first contribution for 2012 as a “clear endorsement” of ongoing efforts to strengthen the organization’s financial oversight and management.
Germany, which suspended its contributions in 2011, has now made its first quarterly payment worth €200 million ($265.6 million) to the Global Fund, Minister for Economic Cooperation and Development Dirk Niebel announced March 8 in Berlin. The minister also confirmed Germany will fulfill all its quarterly payments for 2012 as long as the Global Fund reform process continues at its current pace.
Gabriel Jaramillo, the Global Fund’s general manager, was present during Niebel’s announcement and assured the minister the fund is doing its best to accelerate ongoing reforms in coming months.
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