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Transitional Funding Mechanism
There are seven main actors involved in making performance-based funding work for the Global Fund. They are the Country Coordinating Mechanism; Principal Recipient; sub-recipient; Local Fund Agent; Secretariat; Technical Review Panel and the Board. This section provides a detailed description of the role of each of these actors in performance-based funding.. The diagram below shows the pillars of the grant life cycle and the stages in which each actor is involved.