At its meeting in Geneva today, the Board agreed to get money flowing to countries and programs again no later than April 2013 following its forecast earlier this week that it now has $1.6 billion available in funds for 2012-2014.
Anton Kerr, Head of Policy at the Alliance said: "The country analysis that the Alliance undertook after the Global Fund announced in November 2011 that it would cancel its next scheduled funding, highlighted the impact of the Round 11 cancellation decision will have in reversing the gains we have been making in tackling HIV, TB and malaria.
"This May 2012 decision means that the Fund can start the implementation of its new strategy and invite countries to submit new proposals as soon as possible - which is fantastic news" Kerr continued.
The Global Fund and middle income countries
The Alliance is also delighted by the Board decision to freeze the ‘55% rule’, which limits funding for countries classed as middle income countries. With 70% of poor people (and most people living with HIV and AIDS) living in middle income countries, we have been campaigning hard to make it clear that funding priorities cannot be based on country income alone.
The Alliance will continue to work with the Board as they develop their new funding model that is expected to be approved at a special Board meeting in September. We welcome the review of the impact of the 55% rule which our analysis shows is undermining the response to HIV globally.
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