AfDB told West African countries that they are preparing to donate $150 million USD to fight the Ebola outbreak. However the African Development Bank would like to know whether the health officials are doing everything possible to curb the Ebola outbreak. They also wish to know whether health authorities have a strategic plan where they can use the money.
IMF said the financial growth in Liberia and Sierra Leone, which got badly hit by Ebola, may witness a 3.5% decline.
Ebola outbreak has not only hit the health system in those countries but also affected the import and export sector, affecting the economy of the countries badly.
Donald Kaberuka, the AfDB chief said, “The urgency is to stabilize public finances. The bank is ready to unblock $150 million to help Liberia, Sierra Leone and Guinea to consolidate their budgets and their currencies.”
Mr Kaberuka also said, “But it will depend on extra effort that they improve their health systems and food safety.”
In August the AfDB has already announced that they are donating $60 million to help the medical staff fighting against the deadly Ebola outbreak.
Ebola has already claimed nearly 2,500 lives. Officially, over 4700 people are affected by Ebola. WHO has already said that the virus is infecting many people at a faster pace than expected?
AfDB is expected to make another official statement related to the $150 million donation proposal as soon as they receive a response from the Health authorities fighting Ebola.