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Global Fund raises record amount but falls short of US$18B goal

Reeling from pandemic setbacks, the world's largest disease-fighting fund sought money to work in more than 100 nations.

A North Kivu village in the Congo, which has been part of the Global Fund partnership since 2003
A North Kivu village in the Congo, which has been part of the Global Fund partnership since 2003 (AN/Joe Karp-Sawey)

WASHINGTON (AN) — Reeling from setbacks in public health caused by the continuing COVID-19 pandemic, the world's largest disease-fighting fund sought US$18 billion but fell 20% short of its fundraising goal to continue its efforts to lower the death rate from three diseases in developing countries.

Hosted by U.S. President Joe Biden, the Global Fund to Fight AIDS, Tuberculosis and Malaria’s Seventh Replenishment Conference raised US$14.25 billion on Wednesday on the sidelines of the United Nations General Assembly in New York City. The United States, a founding contributor and the largest single donor to the fund, has given it nearly US$20 billion since 2002.

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