Thursday, February 5, 2015

IMF grants $100 million debt relief to Ebola-hit countries

Visitors are silhouetted against the logo of the International Monetary Fund (IMF) in Tokyo By Anna Yukhananov WASHINGTON (Reuters) - The International Monetary Fund has granted Guinea, Liberia and Sierra Leone debt relief of about $100 million in total, the first time a global institution has provided such relief to the three West African nations hardest hit by the Ebola outbreak. The number of new cases of Ebola rose in all three countries last week, the World Health Organization (WHO) said this week, ending several weeks of encouraging declines across the region. "Those three countries are going through a very, very dramatic ordeal that combines pandemics, the risk of isolation" and the potential of the virus to spread, IMF Managing Director Christine Lagarde told reporters. "Which gives it a very broad scope and constitutes a significant threat." The United States first proposed that the IMF offer some debt relief to the three impoverished West African countries to enable them to spend more on government services and their economies.








via Health News Headlines - Yahoo News http://ift.tt/1yN7q8H

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