France To Donate $376M to Global Fund in 2007
French President Jacques Chirac on Tuesday announced that the country will increase its contribution to the Global Fund To Fight AIDS, Tuberculosis and Malaria in 2006 and donate $376 million in 2007, according to a Global Fund release. In 2004 and 2005, France donated $188 million to the fund each year, approximately 9% of the total donations to the fund, according to Michel Kazatchkine, vice chair of the Global Fund's board. The increased funding amount in 2006 and 2007 will allow France to maintain its position as second-largest donor to the Global Fund as long as the organization receives the $7.1 billion it says it needs to run its programs over the next two years. France also contributes to the Global Fund through the European Commission (Global Fund release, 6/16).This is part of the KHN Morning Briefing, a summary of health policy coverage from major news organizations. Sign up for an email subscription.