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Global Health Fund

Volume 404: debated on Thursday 8 May 2003

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To ask the Chancellor of the Exchequer what proposals he has to finance the Global Health Fund. [111893]

The Department for International Development has committed $200 million to the Global Fund to fight AIDS, Tuberculosis and Malaria over five years.In addition, the Treasury is seeking international support to establish the International Finance Facility, which will raise $50 billion annually to fund the Millennium Development Goals. This money would be disbursed in the form of concessional loans and grants, including debt relief.