USD800K Paid For Global Fund Fifth Replenishment

ZIMBABWE has honoured USD800 000 of its Global Fund fifth replenishment pledge.

By Kudakwashe Pembere

The country pledged USD1 million for the Global Fund’s 6th Replinishment on October 10 this year in France.

In a recent interview with Zimbabwe Aids Network national coordinator Mr Taurai Nyandoro, he said the country fulfilled USD800 000 of the fifth replenishment.

“Remember at the 5th replenishment, our pledge was 1m, to date lm told we have paid about USD800 000.  So we are honoring the pledge,” Nyandoro said.

Global Fund convenes over 100 countries globally to pool resources for accelerating the curbing of the three epidemics. Funds are raised from contributions of willing donors.

In France, USD14 billion waa pledged by countries, multinational corporations and non-governmental organisations.

During its last conference in 2017, Zimbabwe was allocated US$506 million after making a US$1 million contribution.

Meanwhile Zimbabwe awaits to be allocated its chunk from Global Fund.

Global Fund provides drugs for about 710 000 out of the 1,3 million people living with HIV in Zimbabwe while Government and other partners cater for the rest.
Global Fund, however, mandates beneficiary nations to commit counterpart finances for its own health sector in case aid runs out. Zimbabwe is expected to have raised US$36 million by next year, to this effect.

Failure to do so may result in Global Fund reducing its allocation to Zimbabwe.

Currently, Zimbabwe receives the fourth biggest grant in the world.

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