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World Bank commits US$600m to Ebola countries

Joseph T. Koon

(elbcradio.com/Apr.  17, 2015).  The World Bank has approved US$600m for post Ebola recovery in the three worst -affected countries.

The Press Attache at the Liberian Embassy in the United States, Gabriel Williams, said: “The World Bank made the commitment Friday, April 17, 2015 at the close of the Summit on Ebola countries in the United States.”

“The fund is intended to support the post-Ebola Reconstruction Plans of Liberia, Guinea and Sierra Leone,” Mr. Williams said.

According to him, the World Bank President, Dr. Jim Yong Kim, said: “The World Bank’s contribution is in response to post-Ebola challenges of the worst-hit Ebola countries.”

Dr. Yong Kim   emphasized:” The fund is particularly intended to address the economic, social and health challenges triggered by the outbreak of the Ebola crisis.”

Responding on behalf of the three worst-hit Ebola countries, President Ellen Johnson-Sirleaf, expressed gratitude to the World Bank, the IMF and other international financial institutions for their support.

The three ECOWAS Leaders praised the international donors for their continued support in the fight against Ebola in the Sub-Region.

In their progress reports, Presidents Sirleaf, Alpha Conde and Ernest Bai Koroma, highlighted the progress and major challenges of their respective countries to the international partners for post-Ebola recovery support.

Presidents Sirleaf, Conde and Koroma assured the World Bank of their commitment to the ongoing partnership and the utilization of the fund within the context of transparency and accountability.

The Washington Meeting on the Ebola-Affected countries was organized by the World Bank, in collaboration with the International Monetary  Fund (IMF). It was attended by High-Level financial institutions around the world.

Prior to this latest commitment, the World Bank gave over US$200m during the height of the Ebola crisis in 2014.

 


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