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The Global Fund Approves US$1.7 Billion in New Grants

December 2010

Sofia – The Global Fund to Fight AIDS, Tuberculosis and Malaria’s Board of Directors approved 79 grants with a two-year commitment of US$1.7 billion.

It is the tenth time the Global Fund Board approved new proposals to support programs fighting the three diseases. The total approved funding for these ten rounds is US$21.7 billion for 150 countries since it was created in 2002.

The US$1.7 billion is made up of US$732 million for HIV and AIDS, US$574 for malaria and US$299 million for TB and US$128 million for health systems strengthening. The 79 proposals which were found to be of sufficient technical quality to be funded constitute a success rate of just over half of the submitted proposals.

To read the complete press release, please visit The Global Fund Media Center website at: http://www.theglobalfund.org/en/pressreleases/?pr=pr_101215.

For more information on the work of the Global Fund, please visit The Global Funs website at: www.theglobalfund.org.