Global: Cash crunch hits global Aids fund
28.11.2011
Because donor funding for global HIV/AIDS and the Global Fund has been declining, the Fund is in the most dire financial situation it has ever seen since its creation ten years ago, says Médecins Sans Frontières. As a result, the Global Fund board decided to effectively cancel its 11th funding round due to lack of resources – an unprecedented act in its history. 'Yet on the ground in hard-hit countries where MSF works, the devastating effects of the overall funding crunch are becoming apparent – for example, Cameroon and Zimbabwe are facing shortfalls in the near future to support people already on treatment, and the Democratic Republic of Congo severely caps the number of people able to start on life-saving HIV treatment.'