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GF/B22/DP23
Approved by the Board on: 15 December 2010
Comprehensive Funding Policy: Consideration of unqualified portions of multi-year contributions as assets
Taking note of Board's decision (GF/B21/EDP20, 10 September 2010) to approve the use of multi-year contribution agreements (MYCAs), preferably on an unconditional basis, as the principal mechanism through which donors should pledge and contribute to the Global Fund, the Board decides that the unqualified portions of MYCAs are considered as assets under the category 'or similar obligations' in Section 4 of the Comprehensive Funding Policy.