Economic impact of Ebola less severe than first thought: World Bank

January 20, 2015 1:38 PM

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Economic impact of Ebola less severe than first thought: World Bank

DAKAR (Reuters) - The economic impact of Ebola on African economies in 2015 will be less severe than previously thought, the World Bank said in a report on Tuesday, causing just a fraction of the more than $25 billion in losses first expected.

The GDP impact on countries beyond the three directly affected -- Guinea, Liberia and Sierra Leone -- is now estimated at $500 million as governments make progress in fighting the disease.

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