Global Fund raises £11bn to fight Aids, TB and malaria

ECB account reveals deep divisions over stimulus

Established in 2002, the Global Fund raised 12.9 billion US dollars from worldwide donors during its previous conference held in Canada in 2016.

"I am talking about these countries which, if I've understood it right, have resources", Macron said to laughter and applause in the Lyon conference hall, suggesting each could offer 100 million to 150 million dollars.

Mr Macron said that in a last-minute effort, France had raised its donation by 20% to 1.42 billion U.S. dollars (£1.2 billion) - 60 million dollars (£48.7 million) more than previously announced. 92 billion for the next three years at an worldwide conference, French President Emmanuel Macron said Thursday. "We must reach $14 million in the next three hours".

"The funds that are being asked of us are not. charity".

"We have contributed to the tune of 3Billion frs CFA to the Global Fund since we also benefit from this fund in the fight against these epidemics" President Paul Biya disclosed to the national and worldwide media as being part of his discussions with French President Emmanuel Macron.

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An organization that funds programs to fight AIDS, tuberculosis and malaria at least $ 13.

The US Congress has approved a commitment to give a total of 4.7 billion dollars (£3.8 billion) over three years, while Britain has pledged £1.4 billion.

The United States and France, who are traditionally the first and second largest donors, are expected to formally disclose their pledges on Thursday. Major recipients of the fund are Nigeria, Tanzania, the Democratic Republic of the Congo, Mozambique and Zimbabwe.

The Global Fund forum aims to save 16 million lives within the next four years as well as averting 234 million infections worldwide. Despite a global commitment made in SDGs in 2016 to "end the epidemics by 2030", many countries are not on track to meet this goal.

He highlighted that, 32 million lives have been saved and there has been a 50 percent decline in the number of deaths from HIV and the number of survivors has increased as compared to the facts 20 years ago.

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