Thursday, November 6, 2008

US: Zimbabwe Central Bank 'Diverts' Donor Funds

From Voice Of America:

This week, the Global Fund to fight AIDS, Malaria and Tuberculosis reported it would no longer fund projects in Zimbabwe through the central bank after more than $7 million of its funds disappeared from the Reserve Bank of Zimbabwe. Peta Thornycroft reports for VOA that the United States says it too will no longer fund humanitarian agencies through Zimbabwe's central bank.

United States Ambassador to Zimbabwe James McGhee tells VOA the United States is pleased that the Global Fund has decided not to channel future funds through the Reserve Bank of Zimbabwe.

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