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.
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.