Ebola could cause serious economic losses: World Bank
Posted On: Oct. 9, 2014 12:00 AM CSTThe World Bank has said in a report that economic losses from the Ebola epidemic could reach $32 billion by 2015, mostly in poor West African nations, reports Northwest Public Radio.
With Sierra Leone, Liberia and Guinea being the hardest-hit nations, experts forecast that the epidemic may spread into other neighboring countries, significantly affecting their economies. The epidemic has already resulted in higher fiscal deficits and increasing poverty and the disease will eventually have indirect consequences on the economy, said the World Bank.