On Thursday IMF due to outbreak of ebola Economic growth decline in Liberia and Sierra Leone as much as 3.5 percentage , agriculture and services sectors in the two West African countries, the IMF said on Thursday.
The IMF said in this year economic growth in Sierra Leona is likely to fall to 8 percent from 11.3 percent , Liberia's growth may decline to 2.5 percent from 5.9 percent, and in Guinea, economic output could fall to 2.4 percent from 3.5 percent.
The IMF said in this year economic growth in Sierra Leona is likely to fall to 8 percent from 11.3 percent , Liberia's growth may decline to 2.5 percent from 5.9 percent, and in Guinea, economic output could fall to 2.4 percent from 3.5 percent.
Bill Murray whose spokesman at the International Monetary Fund said Growth in Guinea, where industrial mining has been unaffected so far, could fall by about 1.5 percentage points.
If we focus Sierra Leone and Liberia, the largest sectors of these already fragile economies ... are being affected," Murray said. "This is in turn engendering significant financing gaps for the fiscal and external accounts of these two countries, and triggering higher inflation."
He said in these three countries the crisis has exposed financing gaps totaling $100 million to $130 million , and that the IMF doing their work with authorities to figure out additional funding. All three countries are already getting IMF loans under programs that predate the Ebola outbreak.
Murray said
"Urgently need of large-scale and well-coordinated intervention by the international community is to bring the epidemic under control,"
"Urgently need of large-scale and well-coordinated intervention by the international community is to bring the epidemic under control,"
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