The Ministry of Health will have $346.7 million for HIV prevention and control this year, up from $248 million.
A further $743 million is budgeted for universal access to HIV treatment and care and $233.8 million for reducing the spread of HIV in the most at-risk population.
Most of the money is being provided by the International Bank for Reconstruction and Development.
But a coalition of local organisation, dubbed The Civil Society Forum, has charged that the money allocated is still not enough.
According to the coalition, the Government needs to further increase its HIV/AIDS spending by 50 per cent going into 2015.
"Although there has been increased spending over the past few years, the Planning Institute of Jamaica notes that there is still a 67 per cent shortfall in funding available to achieve the targets set out in the National HIV Strategic Plan 2007-2012," the group claims.
Not spending enough
The group quotes Pat Watson, executive director of 'Eve for Life' - an organisation working with women and girls infected and affected by HIV - as charging that the Government is not spending enough on the HIV programme.
"Too much of the current funding comes from external sources such as the Global Fund and there is a real risk that when this is no longer available, the sustained impact on the epidemic will decline unless more local resources are dedicated to the response," Watson said.
The group also raised concerns about the high level of stigma and discrimination which, it said, continues to fuel the epidemic, as well as the gaps in the national response.
Addressing a recent meeting of representatives of the more than 50 organisations, Dr Pierre Somse, UNAIDS country representative, argued that "without the full and active involvement of a strong civil society in leading the HIV response, the gains made so far could be undermined".
He further charged that it was important for organisations working in the widest cross section of community and social development to be brought into the response to ensure that the Millennium Development Goal of halting and reversing the spread of HIV is met.
The Civil Society Forum is a coalition of more than 50 civil society organisations responding to HIV and AIDS drawn from across the island and includes community activists, faith-based organisation and persons living with HIV.