2. Overview of the first phase of GAVI and The Vaccine Fund financial report
- The alliance has achieved considerable successes in raising overall attention and commitment to immunization. It will be important however to further strengthen the foundation of immunization: routine services.
- When considering the financial picture it is also important to know the total financing needs for immunization, so that the contribution of GAVI/The Vaccine Fund can be placed into the larger context.
DECISIONS The Board:
2.1 Welcomed the announcement by H.E. State Secretary Annika Söder of Sweden that the Swedish parliament had just approved an allocation of SEK 100 million (approximately US$ 14 million, depending on exchange rates) for GAVI/The Vaccine Fund in 2005. Sweden contributed a total of SEK 55 million to GAVI in 2004.
2.2 Requested that all future GAVI Board meetings include financial reports from The Vaccine Fund.
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