{"id":48652,"date":"2014-09-17T16:00:20","date_gmt":"2014-09-17T16:00:20","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=48652"},"modified":"2014-09-17T15:45:37","modified_gmt":"2014-09-17T15:45:37","slug":"ebola-could-wreck-west-africa-economies-warns-world-bank","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/?p=48652","title":{"rendered":"Ebola could wreck West Africa economies, warns World Bank"},"content":{"rendered":"<p id=\"story_continues_1\">The Ebola outbreak could have a catastrophic impact on the economies of Guinea, Liberia and Sierra Leone, the World Bank says.<\/p>\n<p>The organisation says the economic impact of the virus could &#8220;grow eight-fold&#8221; in the &#8220;already fragile states&#8221;.<\/p>\n<p>However, it says the cost can be limited if the epidemic &#8211; and the accompanying fear &#8211; is contained by a fast global response.<\/p>\n<p>[contextly_sidebar id=&#8221;YCK1mzwkungxyqonWO5eOcwIZZhzdB1b&#8221;]Ebola has killed 2,461 people in West Africa &#8211; the largest ever outbreak.<\/p>\n<p>Earlier on Wednesday, US President Barack Obama called the latest outbreak &#8220;a threat to global security&#8221;, as he announced a larger US role in fighting the virus.<\/p>\n<p>The measures announced included ordering 3,000 US troops to the region and building new healthcare facilities.<\/p>\n<p>The announcement came as UN officials described the outbreak as a health crisis &#8220;unparalleled in modern times&#8221;.<\/p>\n<div><img loading=\"lazy\" decoding=\"async\" alt=\"Vendor pushes bread past sign warning of Ebola risks\" src=\"http:\/\/news.bbcimg.co.uk\/media\/images\/77649000\/jpg\/_77649065_77649062.jpg\" width=\"624\" height=\"351\" \/><\/div>\n<div>Public awareness campaigns in West Africa have tried to combat the epidemic<\/div>\n<p>The World Bank&#8217;s analysis said billions of dollars could be drained from West African countries by the end of next year if the virus continued to spread.<\/p>\n<p>Under the worst-case scenario, the global development lender predicted that economic growth next year could be reduced by 2.3 percentage points in Guinea and 8.9 percentage points in Sierra Leone.<\/p>\n<p>It predicted Liberia&#8217;s economy would be hardest-hit, losing 11.7 percentage points off its growth next year.<\/p>\n<p>In a statement released on Wednesday, Liberian President Ellen Sirleaf Johnson welcomed the US plan to combat Ebola, saying she hoped it would &#8220;spur the rest of the international community into action&#8221;.<\/p>\n<p>&#8220;This disease is not simply a Liberian or West African problem. The entire community of nations has a stake in ending this crisis,&#8221; the statement said.<\/p>\n<p>&nbsp;<\/p>\n<p>Source: BBC<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ebola outbreak could have a catastrophic impact on the economies of Guinea, Liberia and Sierra Leone, the World Bank says. The organisation says the economic impact of the virus could &#8220;grow eight-fold&#8221; in the &#8220;already fragile states&#8221;. However, it says the cost can be limited if the epidemic &#8211; and the accompanying fear &#8211; [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":48653,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[],"tags":[14],"class_list":["post-48652","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-papa-owusu-ankomah"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/48652","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=48652"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/48652\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/media\/48653"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}