IMF Announces $127M Pledge For West African Nations Affected By Ebola
News outlets report the International Monetary Fund (IMF), in addition to the World Bank, has pledged funds to help West Africa during the Ebola outbreak.
Financial Times: IMF and World Bank pledge $300m for Ebola campaign
“The International Monetary Fund and the World Bank have pledged $300m in emergency aid for the three most affected countries in West Africa by the rapidly spreading Ebola virus. … The IMF said it would provide the three countries $127m to ‘cover a sizeable share of the total financing gap of some $300 million estimated over the next six to nine months.’ In addition, the IMF said it would discuss more support in October…” (Blas/Badkar, 9/17).
Reuters: IMF proposes $127 mln for three Ebola-hit countries in W. Africa
“Guinea, Liberia, and Sierra Leone could receive an additional $127 million from the International Monetary Fund to help them deal with the worst-ever outbreak of the Ebola virus, the IMF said on Wednesday. The funds, which must still be approved by the IMF’s executive board, would help cover an estimated $300 million financing gap in the West African countries over the next six to nine months, when the IMF expects the impact of the outbreak to be most acute…” (Yukhananov, 9/18).