Ebola Threatens West African Economic Growth, IMF, World Bank Warn
News outlets report on the World Bank and IMF’s concerns of economic loss that West African economies may face due to the Ebola epidemic.
Agence France-Presse: IMF warns Ebola, budget strains endanger African growth
“Sub-Saharan Africa’s rapid economic growth is set to continue this year and next, but Ebola and budget problems have exposed the region’s vulnerabilities, the IMF said on Tuesday. Forecasting 5.1 percent growth this year and 5.8 percent in 2015 — the fastest growth outside Asia — the Washington-based institution warned ‘the Ebola virus is exacting a heavy economic toll’…” (10/7).
Wall Street Journal: World Bank Warns of Economic Threat to West Africa from Ebola Crisis
“Ebola spreading throughout West Africa could cause up to $33 billion in losses for the region’s economy, the World Bank said Wednesday in a report warning of deeper damage from the crisis…” (Talley, 10/8).