World Bank: Ebola’s Economic Impact Could Be ‘catastrophic’

The economic impact of Ebola could grow eight-fold if the virus continues to spread significantly in Guinea, Liberia, and Sierra Leone, the World Bank said Wednesday, with the disease having a potentially “catastrophic” impact on the three West African countries’ already fragile economies. “The primary cost of this tragic outbreak is in human lives and suffering, which has already been terribly difficult to bear,” said World Bank Group President Jim Yong Kim in a statement.

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