The Global Fund to Fight AIDS TB and Malaria will soon face massive cuts in funding due to the global financial crisis

Global Fund financial crisis and excuses!

Najma Desai

30 November 2011

The Global Fund to Fight AIDS TB and Malaria finds itself in quite the jam, as it apparently faces imminent cuts in funding.

According to articles in the Citizen  and The New Age (TNA) an estimated total of 13.4 billion Rand has been cut from the fund with possible dire consequences for the developing world.

The Citizen reports that while main contributors to the fund blame the funding inadequacies on the global financial crisis, NGO’s reliant on the fund have dismissed these claims stating that donor funders are using the global financial crisis as an excuse in order to relieve themselves of the burden of providing aid to developing countries.

This could spell disaster for the progress made against HIV as stated by Fazil Tezera head of Médecins Sans Frontières Zimbabwe (MSF), because local governments in the developing world do not yet have the means to cope with the epidemic in their own capacity.


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