The Global Fund to Fight AIDS, Tuberculosis and Malaria raised only $11.7 billion of its $20 billion goal, The New York Times reports. The fund also didn't reach its lowest funding goal of $13 billion, the amount needed to continue only its current programs. The United States, the largest contributor to the fund, pledged $4 billion, a 38 percent increase over last year. However, some AIDS activists have said the U.S. pledge isn't enough. For the fund to meet its goals, all countries would have had to double their donations. Michel Kazatchkine, MD, executive director of the fund, said no one currently on treatment it provides will be cut off, but other targets will be lowered for the next few years.

To read the Times article, click here.