Friday, September 26, 2014

World Bank adds $170 mn to fight Ebola


The World Bank boosted its aid to the campaign against the deadly Ebola outbreak in West Africa on Thursday, adding $170 million to the fight as the death toll neared 3,000.

The Bank said the fresh aid will go toward expanding the health-care workforce and buying needed supplies for care and treatment in the worst-affected countries.

The new aid took to $400 million the amount the Bank has put toward the fight against the spread of Ebola, which has swept quickly through Liberia, Guinea and Sierra Leone.


The announcement came as World Bank President Jim Yong Kim addressed a special session on the Ebola crisis at the United Nations.

“The global community is now responding with the urgency and the scale needed to begin to turn back this unprecedented Ebola crisis,” Kim said.

“The real challenge now is to bring care and treatment to the most remote areas as well as the cities and then to build a stronger health-care system. This funding will help the countries start a massive scale-up of training of community health workers and bring needed supplies and equipment.”

Meanwhile the executive board of the International Monetary Fund is expected to meet Friday on expanding loans to the three most-affected countries, after warning that the epidemic could sharply slow economic growth.

The impact of the epidemic could leave a combined financing hole of $127 million for the governments of the three countries, according to the IMF.

Culled from www.pmnewsnigeria.com

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