95 countries request large amounts of funding to fight AIDS

Lusaka- Zambia (PANA) -- The Global Fund to Fight AIDS, Tuberculosis and Malaria announced here Friday that 95 countries had requested a total of US$ 4.
8 billion in grants to fight the three diseases in this yearâ?s round of financing.
Of these applications, almost 50 per cent have been recommended to the Global Fu nd Board for funding by a panel of experts, which assesses the quality of the pr o posed programmes.
If approved, the Global Fund Board may commit up to US$ 2.
21 billion over two ye ars to finance the programmes.
In last yearâ?s round of financing, the Board app roved grants totalling US$ 2.
75 billion, the fund said.
Almost half of the funding which has been recommended this year is to fight HIV and AIDS, over a quarter is to tackle malaria, and another quarter to combat tub e rculosis.
In addition to the US$2.
21 billion recommended for funding, other proposals for the financing of National Strategy Applications for the three diseases may be ap p roved.
This will further increase the overall amount of money approved for progr a mmes in 2009.
â?It is very encouraging to continue receiving proposals of this magnitude,â? said Michel Kazatchkine, the Executive Director of the Global Fund.
â?It means that countries are continuing to significantly expand AIDS treatment and prevention, implement mass-distribution campaigns for mosquito nets to figh t malaria, and to scale up TB treatment and diagnosis,â? he stated.
To date, the Global Fund has approved grants worth US$ 16.
1 billion to 140 count ries since its creation in 2002, amount that will increase should the US$ 2.
21 b i llion recommended for this yearâ?s round of funding gets approved.
The Global Fund currently provides a quarter of all international financing for AIDS globally, as well as two-thirds for TB and malaria.
The Board will meet in November in Addis Ababa, Ethiopia, to assess the panelsâ ? recommendation and approve funding for the grants.

18 september 2009 17:51:00




xhtml CSS