Cash shortage

ABSTRACT The Global Fund launched Round 9 on October 1, just seven months after the launch of Round 8. However, in marked contrast to when Round 8 was launched, the Fund currently does not have any money to pay for Round 9 grants.

ABSTRACT The Technical Review Panel (TRP) has completed its evaluation of the Round Three proposals, and has sent its recommendations to the board, which will make its decisions October 15-17. Under certain circumstances, the anticipated cash-shortage problem may not arise.