The secretary general of the United Nations, Kofi Annan, had said in early 2002, when he announced the formation of the fund, that he hoped it would increase global financing for AIDS to as much as $10 billion a year. The reality has been a far more modest average of about $1 billion annually at the fund. That is far below the $20 billion or more a year that it is estimated the world will soon need to combat AIDS. The Under-Funded Global Fund to fight AIDS |