Global Fund Seeks $3B to Fill Budget Gap

The Global Fund to Fight AIDS, Tuberculosis and Malaria needs some $3 billion to cover its budget deficit amid drops in foreign backing due to the recession,

reported. Some $170 million is required to back the fund's commitments made last year and a further $2.5 billion to $3 billion for its 2010 programs, according to Global Fund's spokeswoman Marcela Rojo. "The decisions that are made in the next 18 months will be critical for sustaining the gains achieved in global health so far and further scaling up programmes," she added.

About the author

  • Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.