Global Fund releases funding recommendations for Transitional Funding Mechanism

Aug 26 2012

"The Global Fund to Fight AIDS, Tuberculosis and Malaria [on Monday] released the funding recommendations of its Technical Review Panel for the Transitional Funding Mechanism," the Stop TB Partnership reports in an article on its webpage. "Grant proposals for tuberculosis (TB) received 25 percent ($127.4 million) of all the approved funding ($510 million) -- a marked increase over the historic average share of 16 percent since the Global Fund was established in 2002," the article notes, adding, "TB applications were also most successful, with an 86 percent recommendation rate; malaria applications engendered a 79 percent recommendation rate and HIV proposals a 62 percent recommendation rate" (8/21).