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World Bank To Double Ebola Funds to US$400m
Date Uploaded: Sep 29, 2014

World Bank Group President Jim Yong Kim

 

 

 

World Bank To Double Ebola Funds to US$400m

MONROVIA, September 28 (LINA) - The World Bank says it will commit an additional US$400m to help hardest-hit countries address emergency issues.

Earlier, the Bank gave a grant of US$105 million to the three hardest hit West African countries - Liberia, Guinea and Sierra Leone - to help in their response to the Ebola crisis.

The US$400m will mostly target increasing health care work force and purchasing needed supplies and equipment as well as the training of health care units’ workers and to bolster care at community level throughout the regions.

“These funds are being used to pay for essential supplies and drugs, personal protective equipment and infection prevention control materials, health workers training, hazard pay and death benefits to Ebola health workers and volunteers, contact tracing, vehicles, data management equipment and door-to-door public health education outreach” a release issued at the weekend.

According to the release, the World Bank indicated that US$170 million will be used in medium to long-term assistance for the countries’ health teams, while US$230 million will be geared towards the emergency response.

"The real challenge now is to bring care and treatment to the most remote areas as well as the cities and then to build a stronger health care system,” said World Bank Group President Jim Yong Kim, who spoke at the United Nations on issues surrounding the Ebola Crisis in Africa, on Thursday, September 25.

Meanwhile, a World Bank analysis has revealed that if the Ebola virus continues its deadly trends in the three most-affected countries the economic impact could lead to a disastrous blow on the citizenry.

The study also found that with rapid national and international responses which could alleviate fear resulting from person’s concern about infection, the economic costs can be limited.

"This is a humanitarian catastrophe, first and foremost, but the economic ramifications are very broad and could be long lasting,” Kim said.

LINA WTD/PTK

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