LFA

ABSTRACT The Global Fund relies on fiscal agents as an element of its first line of defense against financial wrongdoings in grant implementation in high-risk environments. It is important that the Office of the Inspector General or the Global Fund’s new evaluation office reviews the model considering recent adverse findings from its investigations in countries supported by a fiscal agent.

ABSTRACT The Global Fund relies on fiscal agents as an element of its first line of defense against financial wrongdoings in grant implementation in high-risk environments. It is important that the Office of the Inspector General or the Global Fund’s new evaluation office reviews the model considering recent adverse findings from its investigations in countries supported by a fiscal agent.

ABSTRACT The Global Fund’s risk management framework was reviewed last year in response to the increased risks posed by COVID-19. However, beyond the documents and tools put in place by the Global Fund, there is an urgent need to open the discussion within the institution, from the level of the Board to that of the field, in order to change perspectives: to move from a policy of repression to a reflection on the responsibility of the actors, and to place the cursor on the operational risk of implementation delays, which affect many countries to the detriment of beneficiaries.

RÉSUMÉ Le cadre de gestion des risques a été revu l’an dernier suite à l’accroissement des risques engendrés par la COVID-19. Cependant, au-delà des documents et des outils mis en place par le Fonds mondial, il est urgent d’ouvrir la discussion au sein de l’institution, depuis le Board jusque sur le terrain, afin de changer de perspective, de passer d’une politique de répression à une réflexion sur la responsabilité des acteurs, et de placer le curseur sur le risque opérationnel des retards de mise en œuvre, qui affectent de nombreux pays, au détriment des bénéficiaires.

ABSTRACT The Global Fund’s risk management framework was reviewed last year in response to the increased risks posed by COVID-19. However, beyond the documents and tools put in place by the Global Fund, there is an urgent need to open the discussion within the institution, from the level of the Board to that of the field, in order to change perspectives: to move from a policy of repression to a reflection on the responsibility of the actors, and to place the cursor on the operational risk of implementation delays, which affect many countries to the detriment of beneficiaries.

ABSTRACT Following an audit of Global Fund grants in the Chad, the Office of the Inspector General has determined that measures put in place under the Fund’s Additional Safeguard Policy have helped “to reduce, but not sufficiently mitigate, significant financial and programmatic risks.” Although Chad has received extra flexibility and capacity building in light of its classification as a challenging operating environment, significant weaknesses remain, the OIG said. The OIG and the Secretariat have agreed on four management actions to be implemented by the end of this year.

ABSTRACT Organizations interested in serving as local fund agents have until 6 April 2018 to respond to a request for expression of interest from the Global Fund.

ABSTRACT Staff from the National Tuberculosis Control Program in Bangladesh falsified documents to support training-related expenditures, according to an investigation conducted by the Office of the Inspector General. The NTP is principal recipient for a TB grant. This is not the first time that it has come under scrutiny.

ABSTRACT We correct two errors in an article on LFA tenders published in GFO 328 on 10 January.

ABSTRACT “The work on defining risk appetite is in its early stage and until [it is] sufficiently advanced, there is limited guidance on the required level of assurance.” So says the Office of the Inspector General in a new audit of in-country assurance. In addition, the OIG said, assurance activities are insufficiently aligned to the highest risk areas in the grant portfolio, particularly supply chain management and programmatic risks. The OIG also noted that programmatic and health product risks have supplanted financial risk in the rankings.