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The Global Fund to Fight AIDS, Tuberculosis and Malaria risks reneging on promises to millions of HIV-positive people, a senior official said on Thursday.
The Fund's executive director, Richard Feachem, said without a stable source of cash its annual scramble for donor pledges was a strain on the 131 countries dependent on assistance.
He noted they were putting hundreds of thousands of people on antiretroviral treatment, based on a financial promise that was not entirely secure.
"We have entered into a moral and ethical commitment that we have never entered into before, and we are beginning to confront the implications of that," he told Reuters.
The Fund's board of directors are due to agree new grants for 2006 at a 27-28 April meeting, despite donors not yet having pledged the US $1 billion required.
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