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

September 17, 2014 6:18 PM

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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.

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