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Zim Global Fund details revealed

Paidamoyo Chipunza Senior Health Reporter

Zimbabwe has paid US$300 000 to the Global Fund to fight Aids, Tuberculosis and Malaria in addition to another US$200 000 which was paid a fortnight ago for its 2017-2019 commitment.

The country has so far paid US$800 000 leaving a balance of US$200 000 on its commitment of US$1 million made at the 5th replenishment meeting held in 2017.

Responding to emailed questions yesterday, National Aids Council (NAC) operations director Mr Raymond Yekeye said the country will continue mobilising local resources to ensure that the balance is paid off by year-end, before mobilisation of further resources for the latest pledge of US$1 million is commenced.

“As of Friday, October 11, 2019, NAC had processed payments of US$800 000 to the Global Fund leaving a balance of US$200 000 which we hope to have cleared by the end of this year.

“The last payment of $300 000 was submitted to our Bank on Friday to bring the total to $800 000 and it is our hope that it should be reflected in the Global Fund account by the end of this week,” said Mr Yekeye.

Mr Yekeye said the country will continue mobilising foreign currency using the interbank rate to raise a further US$1 million recently pledged in Lyon, France during the Global Fund’s sixth replenishment meeting.

He said since the replenishment period stretches for a period of three years, the country will make all necessary arrangements to ensure that it fulfils its pledge.

Currently, the Global Fund approved a grant of more than US$ 502 million towards programming of the three diseases.