§ Clare Short
My Department pledged £138 million to the Global Fund to fight AIDS, TB and Malaria (GFATM) over five years. Contributions for calendar year 2002 will be £50 million. £25 million was paid in April 2002 and a further £25 million will be paid in December 2002. As the fund gets established, we will closely monitor its effectiveness and the value it adds to the international effort against the three diseases, and review our contributions accordingly. A further £25 million will be contributed in calendar year 2003, depending on performance.