
Britain said it would contribute 50 million dollars to a new IMF fund to help West African countries hit by Ebola to service their debts so they can use their own money to help save lives.
The IMF's Catastrophe Containment and Relief Trust was launched and is designed to help Guinea, Liberia, and Sierra Leone cope with their debt service payments to the IMF for the next two years.
The idea is that they can redirect other resources to help fight the outbreak, and to repair their economies and societies. Britain is the first country to pledge cash to the new fund.
Source: Medindia
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