Geneva-based financing group, Global Fund, has granted K385 Billion to Government of Malawi to help in the fight against HIV/AIDS, Tuberculosis and malaria among other things.
A statement from Global Fund to Ministry of Finance and Economic Planning and Development dated December 16, 2019 says Malawi’s allocation of funds is available for 2020-2022 allocation period and will be utilized between January 1, 2021 to June 30, 2024.
The statement further forecasts hope that Malawi’s progress in the fight against TB, malaria and HIV promises to bear fruits before the internationally-agreed cutoff line of 2030.
“Together we can recognize and applaud the massive progress made, and we can share collective determination to accelerate efforts to end these epidemics and ensure better health and wellbeing for all by 2030,” reads part of the statement which has been signed by Mark Eldon-Edington, head of Grant Management Division.
Under the grant, HIV has been given a lion’s share of K295 Billion (U$393,004,813), TB K15 Billion (US$19,950,195) while malaria has received an allocation of K75 Billion (US$99,984,069).
Governance and economic observers say the allocation of funds is significant as it rides on good financial and democratic governance under the leadership of Professor Arthur Mutharika and his governing Democratic Progressive Party (DPP).
They point out that this huge grant signifies restoration of trust by international stakeholders who since 2014 have showed trust in Government of Malawi unlike prior to APM’s rule when Malawi was blacklisted because of open plunder of public resources in what was termed as ‘Cashgate.’
Founded in 2002 in Geneva, Global Fund is an international financing and partnership organization that mobilizes resources to fight HIV/AIDS, TB and malaria and strengthen health systems around the world.-Malawi Government Online.