Global: Global Fund has more money

The Global Fund to Fight AIDS, Tuberculosis and Malaria (GFATM) estimates that that more than U$1.6-billion in additional funding will be available over the next two years. A statement released in Geneva said the new forecast was a result of 'strategic decisions made by the Board, freeing up funds that can be invested in countries where there is the most pressing demand'. It added that the Board had adopted a plan to transform the Global Fund, leading to improved financial supervision and overall efficiency.