OIG audit finds that treasury management at the Global Fund is generally in good shape

31 Jan 2017
However, the OIG says the Secretariat should operationalize the 2014 Board decision to adopt the use of multi-currency disbursements

The Office of the Inspector General (OIG) says that the governance, risk management practices and internal controls related to treasury management are adequately designed and generally well implemented. The OIG audited the treasury function in 2016. A report on the audit was released on 18 January 2017.