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World Bank: Ebola could be 'catastrophic' for West Africa economies
World Bank: Ebola could be 'catastrophic' for West Africa economies

The Ebola outbreak in West Africa could have a “catastrophic” economic effect on the region unless there is a swift response, the World Bank said Wednesday. An analysis by the bank says the Ebola crisis is already wreaking havoc on the economies of the hardest-hit countries, making the nations of Guinea, Liberia, and Sierra Leone $359 million poorer in 2014 than they would have been without the disease’s spread. The epidemic could cause economic growth in Guinea to shrink by as much as 46%, and as much as 57% in Liberia this year. In Sierra Leone, growth this year could be slashed by nearly 30%. The picture worsens substantially if the outbreak is allowed to grow...

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