The cooperation is designed to improve overall financial management of donor funds by implementing countries.

Through this memorandum of understanding (MoU), Gavi, the Global Fund and IFAC seek to strengthen the expertise of accountancy and finance professionals and help close the gaps in accountancy skills in implementing countries, which can impact the reliability and effectiveness of managing and disbursing funds. The MoU builds on a 2011 agreement and aims to optimise the joint efforts of global health partners to maximise the performance of investments and support the sustainability of health programmes.