(The Gist of PIB) India announces contribution of 22 mn USD to GFTAM for 6th replenishment cycle

    (The Gist of PIB) India announces contribution of 22 mn USD to GFTAM for 6th replenishment cycle
[SEPTEMBER-2019]

India announces contribution of 22 mn USD to GFTAM for 6th replenishment cycle

• India has announced a contribution of 22 million US Dollars to the Global Fund for AIDS, TB and Malaria (GFTAM) for the 6th replenishment cycle (2020-22). 

About: 

• The Global Fund is an international organization designed to accelerate the end of AIDS, tuberculosis and malaria as epidemics.
• It was created in 2002
• It mobilizes and invests more than US$4 billion a year to support programs run by local experts in more than 100 countries.
• It is located at Geneva, Switzerland.

Key highlights 

• It was formed as an independent, non-profit foundation under Swiss law and hosted by the World Health Organization (who). 
• In 2009, the organization became an administratively autonomous organization, terminating its administrative services agreement with the WHO.
• India shares a sustained partnership with the Global Fund since 2002 both as recipient and as a donor. 
• As a donor, India has contributed US$ 46.5 million so far till 2019 including US$ 20 million for the 5th Replenishment. 

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Courtesy: PIB