Approved by the Board on: 28 January 2002
It was noted that the draft Global Fund/World Bank agreement had not yet been thoroughly reviewed by the World Bank, and further negotiations would be required. A short, simple agreement for phase one should be quickly drafted and agreed between the World Bank, Secretariat Legal Counsel, and a working group of the Board.
It was decided that the Chair and Vice Chair establish interim arrangements so that support from WHO would continue.
It was suggested, and eventually decided that the title of the Working Group on Monitoring and Evaluation be changed to Monitoring, Evaluation, and results-based disbursement.
Mr. Ritter informed the Board that discussions on establishing a quasi-intergovernmental organization had been initiated with the Swiss Government. The Secretariat is currently waiting for WHO to provide a detailed description of services and costs.