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World Bank pledges US$650 million to fight Ebola in West Africa


SomaNet News Archive

(By Estera Popowska
The World Bank Group announced on Friday that it would provide at least US$650 million during the next 12 to 18 months to support Guinea, Liberia and Sierra Leone.

According to reports from UN News Centre, the funds will be used to help the three countries recover from what the Bank called "the devastating social and economic impact of the Ebola crisis."

Over the past year, more than 10,000 people have died from the disease in the three worst affected countries. But now the UN says the epidemic is under control.
New figures have been released by the Bank showing that the epidemic continues to cripple the economies of the West African countries.

According to Daniel Dickinson of UN, the estimated losses in 2015 rose to US$240 million for Liberia, US$535 million for Guinea and US$1.4 billion for Sierra Leone.
The new pledge brings the organization's total financing for Ebola response and recovery efforts to US$1.62 billion (UN News Centre/ Radio)