The Global Fund to Fight AIDS, Tuberculosis and Malaria said its Board of Directors approved 79 grants with a two-year commitment of US$1.7 billion, representing “the tenth time the Global Fund Board approved new proposals to support programs fighting the three diseases. The total approved funding for these ten rounds is US$21.7 billion for 150 countries since it was created in 2002.” The Global Fund said the US$1.7 billion is made up of US$732 million for HIV and AIDS, US$574 for malaria and US$299 million for TB and US$128 million for health systems strengthening. The 79 proposals which were found to be of sufficient technical quality to be funded constitute a success rate of just over half of the submitted proposals. The announcement noted that the Board also “adopted a series of measures to enable future funding opportunities, including the launch of Round 11 on 15 August 2011, with a submission due date for applicants on 15 December 2011.”

http://www.theglobalfund.org/en/pressreleases/?pr=pr_101215