DECISION POINT: GF/B31/DP04
The Global Fund Board approved operating expenses for the Secretariat in the amount of $298.8 million in 2014, including $20.5 million for the Office of the Inspector General. The Board also approved a decision point requesting monitoring by the Secretariat of foreign exchange fluctuations.
DECISION POINT: GF/B31/DP11
All reports on the assurance and investigation work of the Office of the Inspector General (OIG) will be made public under a revised disclosure policy adopted by the Global Fund Board at its 31st meeting in Jakarta, Indonesia.
This will include OIG functional reviews of processes at the Global Fund Secretariat, as well as reports on in-country audits and investigations.
As of 19 September 2013, $118 million in losses had been identified by the Office of the Inspector General (OIG), of which $23.8 million (20%) had been recovered. Written commitments to repay a further $10.4 million had been obtained.
This information was contained in a Losses and Recoveries Report prepared for the Global Fund Board meeting on 7–8 November in Geneva.
The Global Fund Secretariat says that it has taken measures to speed up the recovery of amounts identified as “losses” by the Office of the Inspector General (OIG), and that it expects to be able to report significant progress during the rest of 2013.
The Eurasian Harm Reduction Network (EHRN) has submitted a draft project concept to the Global Fund for review by the Secretariat and the Technical Review Panel (TRP) prior to submitting a full concept note. EHRN is the applicant for a regional initiative in Eastern Europe and Central Asia (EECA) on HIV and harm reduction. This is part of the transition phase of the new funding model (NFM).
A draft of a new Corporate Key Performance Indicator (KPI) Framework 2013–2016 was presented to the Global Fund Board for review and discussion at the 29th Board meeting just concluded in Sri Lanka.
In April, the Global Fund Secretariat provided its first quarterly update on the new funding model (NFM) to the Strategy, Investment and Impact Committee (SIIC). The update could not be made public until after the Board meeting just concluded in Sri Lanka. In this article, we provide a summary of what the Secretariat said in the update.
Gabriel Jaramillo, who was a member of the High-Level Panel and who served as the Global Fund’s General Manager from February 2012 to January 2013, has provided the Board with some reflections on his time working with the Fund.
The current governance structures at the Global Fund are inadequate for a big and complex financial institution, former General Manager Gabriel Jaramillo says. Mr Jaramillo, who was a member of the High-Level Panel and who served as the Global Fund’s General Manager from February 2012 to January 2013, recently provided the Board with some reflections on his time working with the Fund.