World Bank Announces Additional Ebola Funding, Bringing Total Commitment To $400M

Media sources report on additional funding from the World Bank to address the Ebola outbreak and its social and economic impacts.

Reuters: World Bank announces $170 mln in new funding to fight Ebola
“The World Bank on Thursday announced it would give another $170 million to help West African countries contain the spread of the Ebola virus, nearly doubling its total contributions to fight an epidemic that has killed nearly 3,000 people…” (9/25).

Wall Street Journal: World Bank Pledges $170 Million to Help West African Nations with Ebola
“The World Bank Thursday pledged an additional $170 million to help West African nations worst-hit by the Ebola endemic deal with the humanitarian and economic crisis, bringing its total commitment to $400 million. … Separately, the International Monetary Fund executive board on Friday is expected to approve the expansion of zero-interest loans for the three nations totaling around $130 million to help the governments cover an estimated $300 million financing gap…” (Talley, 9/25).

World Bank: World Bank Group to Nearly Double Funding in Ebola Crisis to $400 Million
“…This represents $170 million in new funding. With today’s announcement, the Bank will put $230 million toward the emergency response and $170 million for medium- and long-term projects. The new resources — which the World Bank’s Board of Executive Directors will consider in the coming weeks — will be targeted at rapidly increasing the health care workforce and purchasing needed supplies in order to bring care and treatment to all parts of the affected countries. The funding also is aimed at building a stronger health care system because it will aim to train cadres of health workers to bolster care at a community level throughout the affected region…” (9/25).

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