President Obama Releases FY2010 Budget:Requests $900 Million for the Global Fund

FOR IMMEDIATE RELEASE

President Obama Releases FY2010 Budget: Requests $900 Million for the Global Fund

Washington, D.C., May 8, 2009 –Yesterday the White House released its detailed budget request for fiscal year 2010.  This budget includes $900 million for the Global Fund to Fight AIDS, Tuberculosis and Malaria.

The budget release follows the announcement earlier this week of the President’s new Global Health Initiative, a comprehensive global health strategy for which President Obama is requesting $63 billion over the next six years.  This Initiative includes not only disease-specific funding, it also aims to adopt a more integrated approach to global health, promoting among other things better maternal and child health and working to strengthen health systems around the world.

“The Administration’s Global Health Initiative is exciting in its size and approach and we look forward to seeing the fulfillment of this commitment.” said Friends of the Global Fight Executive Director Natasha Bilimoria.  “President Obama has signaled the Administration’s desire to invest in development, and with the requested $900 million the Global Fund can be a key partner in that investment. At the same time, the Global Fund’s needs are greater than what the budget contains. The Global Fund estimates – based on demand from the 140 countries that it works in – a need of $2 billion. Friends of the Global Fight looks forward to working with the Administration and Congress to align the U.S. government’s contribution with the need reflected on the ground.”

Created in 2002, the Global Fund is a critical tool in the fight against three devastating diseases: AIDS, tuberculosis and malaria. Together, these diseases kill six million people a year.  With grants worth $15 billion in 140 countries around the world, the Global Fund has quickly become the world’s leading global public health financier, providing one quarter of all international HIV/AIDS spending and nearly two-thirds of all tuberculosis and malaria spending.

Seven years ago, the U.S. government made the founding $200 million pledge to the Global Fund. In FY2009, the U.S. government has appropriated $900 million for the Global Fund, the highest amount contributed to date.  Strong support from the U.S. government is a critical component of Global Fund success; every $1 committed by the U.S. is leveraged to generate $2 in contributions from other donors.

“The U.S. government leads the world in contributions to the Global Fund,” Bilimoria said.  “And that leadership is paying off. With money from the U.S. government, the Global Fund is already building health systems around the world, investing one-third of its financing to strengthen health systems.  As this Administration undertakes its strategic review of global health programs, Friends looks forward to the opportunity to discuss and demonstrate the ways in which a multilateral approach is a critical piece of a robust commitment to global health. This type of diplomacy – improving global health as a means to improving economic development outcomes and national security in developing countries – is one of the U.S. government’s most critical development tools.”

FRIENDS OF THE GLOBAL FIGHT AGAINST AIDS, TUBERCULOSIS AND MALARIA

Friends of the Global Fight works to educate, engage and mobilize American decision makers to support the Global Fund to Fight AIDS, Tuberculosis and Malaria and the fight to end the worldwide burden of these three diseases. For more information about Friends of the Global Fight, visit www.TheGlobalFight.org.

Contact:
Sara Green
(202)789-0801
Sara@TheGlobalFight.org

###

To download a PDF version click here.