News Column

IMF: Ebola Having 'Acute' Impact on Economies

August 30, 2014



Washington, Dhu-AlQa'dah 3, 1435, Aug 29, 2014, SPA -- The International Monetary Fund (IMF) Thursday said that the current Ebola outbreak in West Africa will likely lead to "sharply" lower economic growth in Guinea, Liberia, and Sierra Leone, raising financial assistance to those countries.

"The Ebola outbreak is having an acute macroeconomic and social impact on three already fragile countries in West Africa," IMF spokesman Gerry Rice told reporters.

The viral disease has killed 1,500 people since it was detected in March and spread from Guinea to Liberia, Sierra Leone, and recently Nigeria.

--SPA

11:54 LOCAL TIME 08:54 GMT



All Rights Reversed for Saudi Press Agency Provided by SyndiGate Media Inc. (Syndigate.info).


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Saudi Press Agency (Saudi Arabia)


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters