Audit and finance committee

ABSTRACT The Global Fund Board has provided funding for some interventions from the Unfunded Quality Demand Register. The funding has been added to an existing malaria grant in Burundi and an existing TB grant in Philippines. This is the first set of interventions from a portfolio optimization exercise conducted by the Secretariat for the 2017–2019 allocation cycle. The additional resources come from funding designated by the Audit and Finance Committee as being available for portfolio optimization.

ABSTRACT The Board has announced appointments to its three standing committees for two-year terms that started on 11 May 2018. The Ethics and Governance Committee has been directed to undertake a review of the process for selecting the leadership and members of the committees.

ABSTRACT The Board has replaced a 2007 decision which required that all LFA contracts be re-tendered every four years with a decision that provides more flexibility with respect to the timing. The Board established principles governing the procurement of LFA services. The Board delegated to the Audit and Finance Committee the authority to modify the principles; and delegated to the Secretariat the authority to establish the procedures for procurement of LFA services.

ABSTRACT The Board had been scheduled to approve proposed targets for the latest key performance indicators at its meeting in November 2016, but the decision was postponed because of concerns raised by Board members. Consultations are underway now on a revised set of targets, due to be presented to the Board in March. This article reports on concerns that have been raised about the process.