Editor’s Note: On 30 July 2019, in edition 361, the Global Fund Observer published an article on fiscal agents’ role in reducing financial risks in Global Fund grants (‘Fiscal agents reduce financial risks within Global Fund grants but do not build implementer capacity’), by Djesika Amendah, a senior member of Aidspan’s policy team.
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Measures taken by the Global Fund to manage grants in high-risk environments are inadequate. This is the central conclusion of an audit performed by the Office of the Inspector General (OIG) in 2016. A report on the audit was released on 23 January 2017.