(MENAFNEditorial) Luxembourg is increasing its financial commitment to the Global Fund for the next three-year replenishment cycle starting in 2017, to €8.1 million, an 8 percent increase from the last replenishment period.
Romain Schneider, Minister for Development Cooperation and Humanitarian Affairs, announced the increase today at a meeting in Luxembourg with Mark Dybul, Executive Director of the Global Fund.
"Luxembourg Development Cooperation has adopted a strong new global health strategy with clear and concise goals and targets," said Minister Schneider. "I am very happy to confirm that the Global Fund is an essential and privileged partner in making this strategy a reality."
Luxembourg is one of the most generous donors to the Global Fund, per capita. With a population of just over half a million people, Luxembourg commits 0.95 percent of its Gross National Income to Official Development Assistance.
"We are encouraged by early pledges of countries like Luxembourg who continue to show exceptional commitment and generosity in supporting the Global Fund's mission," said Dr. Dybul. "Thanks to partners like Luxembourg we expect a strong replenishment this year, enabling the Global Fund to help achieve the global goal of ending the epidemics of HIV, tuberculosis and malaria by 2030."
Luxembourg's cumulative contributions to the Global Fund amount to €38 million. In addition, Luxembourg is also supporting efforts to finance technical assistance to support programs in El Salvador, Kosovo and Laos.
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