UK Government pledges nearly £33m to new Ebola fund

Bralex

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Quote from: redsn0w on February 09, 2015, 06:07:17 AM

"The government will give nearly £33m to a new fund to help relieve financial pressure on countries affected by the Ebola virus.The money will allow Guinea, Liberia and Sierra Leone to devote more spending to fighting the outbreak.The Catastrophe Containment and Relief Trust will go towards debt service payments that the countries owe to the International Monetary Fund."

More at : http://www.bbc.com/news/uk-31254564

That's kind of funny when you think it has been 1 year and total horror before they step up and help financially. But it's only paying debts?

jaysabi

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Quote from: Snail2 on February 10, 2015, 10:25:58 AM

Quote from: noma on February 09, 2015, 09:30:41 AM

I wonder how are such decisions taken, and are passed legally. It would be stupid to spend that amount on fightin ebola, when there are clearly more important issues to look at to.

Read it again. It's not for fighting ebola but for paying the national debt of those three countries. So the whole money will go to IMF.

You're right. It looks like the UK makes some debt service payments on behalf of these countries to the IMF, in theory freeing those countries up to spend the money they would have spent on the debt payments on combating Ebola.

Whether or not this happens as planned is another issue.

Snail2

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Quote from: noma on February 09, 2015, 09:30:41 AM

I wonder how are such decisions taken, and are passed legally. It would be stupid to spend that amount on fightin ebola, when there are clearly more important issues to look at to.

Read it again. It's not for fighting ebola but for paying the national debt of those three countries. So the whole money will go to IMF.

redsn0w

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Quote from: sherbyspark on February 09, 2015, 09:10:41 AM

Quote from: BitCoinNutJob on February 09, 2015, 08:50:28 AM

We cant even feed and house our own country, total joke. Its probably some scam to launder a few mil to a medical company supplier or something.

Yeah looks like it. This amount is absurd for Ebola fund. Other problems should be a major focus than this.

Yes most probable it is only another joke, the people should start a "revolution" and I'm not joking Undecided

. "The world is fine the people are fu**ed"- George Carlin

noma

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I wonder how are such decisions taken, and are passed legally. It would be stupid to spend that amount on fightin ebola, when there are clearly more important issues to look at to.

sherbyspark

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Quote from: BitCoinNutJob on February 09, 2015, 08:50:28 AM

We cant even feed and house our own country, total joke. Its probably some scam to launder a few mil to a medical company supplier or something.

Yeah looks like it. This amount is absurd for Ebola fund. Other problems should be a major focus than this.

BitCoinNutJob

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We cant even feed and house our own country, total joke. Its probably some scam to launder a few mil to a medical company supplier or something.

Snail2

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Quote from: redsn0w on February 09, 2015, 06:07:17 AM

"The Catastrophe Containment and Relief Trust will go towards debt service payments that the countries owe to the International Monetary Fund."

Great. So the UK planning to give away £33 million of taxpayers money to the IMF instead of spending on food and medicines for the guys in need over there. The locals will surely feel better now

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saddampbuh

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should have let it spread a bit, african overpopulation is bad for the environment and destroys much natural habitat of beautiful animals

BitCoinNutJob

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I like the way UK government uses my money without my choice, sure it might be the right thing im not in a position to take the time out to judge. I would like power of my money though thanks.

redsn0w

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#Free market

"The government will give nearly £33m to a new fund to help relieve financial pressure on countries affected by the Ebola virus.The money will allow Guinea, Liberia and Sierra Leone to devote more spending to fighting the outbreak.The Catastrophe Containment and Relief Trust will go towards debt service payments that the countries owe to the International Monetary Fund."

More at : http://www.bbc.com/news/uk-31254564

Topic: UK Government pledges nearly £33m to new Ebola fund (Read 773 times)