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<p>The UK is the first country to announce its contribution of $50million to the International
Monetary Fund’s (IMF) Catastrophe Containment and Relief (CCR) trust to relieve the
burden of debt caused by the Ebola epidemic in West Africa.</p><p> </p><p> </p><p>
</p><p>The CCR trust is expected to provide grants-for-debt relief of $100million
for the three countries most affected by the ongoing Ebola epidemic: Guinea, Liberia,
and Sierra Leone. These countries will be able to access funds to cover upcoming repayments
to the IMF for two years, allowing them to redirect those resources to fighting the
outbreak, restoring services and reinvigorating the economy.</p><p> </p><p> </p><p>
</p><p>In addition, the IMF have provided further funding through their existing programmes
in the region bringing their total financial contribution to the Ebola outbreak to
date to $349million.</p><p> </p>
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