Global Fund to Fight AIDS, Tuberculosis, and Malaria: Background and Current Issues [Updated March 24, 2005] [open pdf - 76KB]
From the Document: "The Global Fund to Fight AIDS, Tuberculosis, and Malaria, headquartered in Geneva, Switzerland, is an independent foundation intended to attract and rapidly disburse new resources in developing countries for the struggle against infectious disease. The Fund is a financing vehicle, not a development agency, and its grants are intended to complement existing efforts rather than replace them. [...] Critics of the Fund have raised concerns about programs in Burma and other authoritarian countries, an allegedly slow pace of disbursements, and other issues. Supporters respond that the Fund has instituted a number of safeguards to assure accountability and is taking steps to enhance its capabilities. They regard the Fund as an innovator in malaria treatment and other areas. The Global Fund notes that it is required to maintain a large financial reserve in order to assure that treatment programs already approved are not interrupted. This report will be updated as needed."
CRS Report for Congress, RL31712