Global Fund to Fight AIDS, Tuberculosis and Malaria · Foreign Aid Spending, Last 12 Months (IATI) · US$ billions

## What this measures

Money the Global Fund to Fight AIDS, Tuberculosis and Malaria disbursed to the programmes it funds each month, as it reports to the International Aid Transparency Initiative (IATI), in US dollars. Each point is the sum of the twelve months (four quarters) to that date.

The Global Fund is financed by governments (the U.S. the largest) and foundations; their contributions to it are not in this series, which shows what it pays out.

## Why it matters

The OECD publishes each year's official aid figures in April of the next year and its recipient tables a year after that. IATI is where publishers report spending as it happens, so it shows month by month who cut, who did not, and where the money stopped arriving, well before the OECD tables.

## How to read it

Disbursements follow grant cycles, so single months move with the timing of large tranches.

IATI data arrive as publishers report, and recent months fill in late. The IATI Datastore keeps no earlier versions, so Palanor measures each publisher's lag from IATI-Stats' daily record (January 2024 to October 2025) of how far its newest transaction trailed each day's read, and uses the 90th percentile, capped at 90 days: 90 days for the Global Fund. A month is published only once its end is that many days past and the publisher has reported it, and the six newest published months are flagged preliminary. Each point keeps the value Palanor first read and the date it read it, so later revisions can be measured.

## What it does not say

Coverage: the IATI total was US$5,083 million in 2023 and US$4,900 million in 2024, against the Global Fund's gross ODA disbursements in the OECD Creditor Reporting System of US$5,177 million and US$5,010 million: 98.2% and 97.8%. A month's figure is cash reported as paid out in that month, not what was budgeted or committed, and it says nothing about what the money achieved. Values are in each transaction's own currency, valued at its value date. Euro and pound values are converted at the Federal Reserve's monthly average rate for the value-date month (FRED EXUSEU, EXUSUK); a value date outside the window read, or after the latest monthly rate, takes the transaction month's or the latest rate.

## Source

IATI Datastore (api.iatistandard.org/datastore), transactions of type 3 (disbursement) and 4 (expenditure), read weekly by /api/cron/iati-spending-sync (src/lib/iati/spending.ts). The Global Fund publishes to IATI under Creative Commons Attribution (CC BY). Data © their publishers, used under the licences in their IATI Registry entries.