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6 Aug, 2014

Pledges $200 million

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The World Bank pledges $200m in emergency aid to Liberia, Guinea and Sierra-Leone, in a bid to counter further spread of the deadly virus. Jim Yong Kim, the president of the World Bank, says that he is ” deeply saddened” by the progress of the epidemic thus far. The funds will be used to undertake numerous relief activities including providing medical supplies, paying staff and driving a campaign that will contain the epidemic.Yong Kim:

I have been monitoring (Ebola’s) deadly impact around the clock and I’m deeply saddened at how it has ravaged health workers, families and communities, disrupted normal life and has led to a breakdown of already weak health systems in the three countries.

17 Sep, 2014

World Bank: Major economic impact


World Bank president Kim says Ebola will have a major impact on West Africa economies:

For 2014 we estimate that the GDP losses to Liberia, Sierra Leone and Guinea from this crisis will be a combined $360 million, which is a huge portion of the overall GDPs of these small countries. We expect that the impact on government budgets to be $292 million.

Continued spread of the virus could multiply the effect:

Our findings indicate that if the virus continues to spread the economic cost to these countries could grow eight-fold by 2015. This would deal a potentially catastrophic blow

A fast and effective response could limit the economic damage in 2015 to $97 million but if rapid action isn’t taken it could be $800 million. The bank has released $117 million grant funding for an immediate humanitarian response to save lives and prevent new infections.

28 Oct, 2014

5,000 healthcare workers needed


Kim says at least 5,000 medics and support staff are needed to fight the virus, but says fear is keeping people at home:

Right now, I’m very much worried about where we will find those healthcare workers. With the fear factor going out of control in so many places, I hope healthcare professionals will understand that when they took their oath to become a health care worker it was precisely for moments like this