World Bank Lowers Estimate Of Ebola’s Economic Impact On Affected, Surrounding African Nations
News services discuss a new report from the World Bank estimating the economic impact of Ebola on sub-Saharan African nations’ economies.
CIDRAP News: World Bank scales back Ebola region’s financial loss estimate
“…The World Bank’s most recent assessment comes on the eve of the World Economic Forum in Davos, Switzerland. In its latest estimate, the group predicted that the economic fallout from the Ebola outbreak on Guinea, Liberia, and Sierra Leone will total $1.6 billion in lost growth in 2015, much lower than the $25 billion in losses that it projected in early October…” (Schnirring, 1/20).
Reuters: Economic impact of Ebola less severe than first thought: World Bank
“…The GDP impact on countries beyond the three directly affected — Guinea, Liberia, and Sierra Leone — is now estimated at $500 million as governments make progress in fighting the disease…” (Farge, 1/20).