imf ready to do more for guinea
Last Updated : GMT 09:40:38
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Last Updated : GMT 09:40:38
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West Africa hard-hit by Ebola

IMF 'ready to do more' for Guinea

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Themuslimchronicle, themuslimchronicleIMF 'ready to do more' for Guinea

Guinea President Alpha Conde (R)
Washington - Arab Today

The president of Guinea, one of the West African nations hard-hit by the Ebola crisis, met with IMF Director Christine Lagarde, who promised the organization was "ready to do more if needed."
The virus, which emerged in Guinea at the start of the year, has infected around 1,300 Guineans, killing 768 of them.
Global aid agency Medecins Sans Frontieres said on Thursday a surge of Ebola cases in Guinea had pushed its treatment unit in the capital Conakry near saturation point.
"Beyond the loss of life and social dislocation, it is threatening to reverse the advances made by these countries in recent years in economic development and poverty reduction," Lagarde said in a statement following a meeting with President Alpha Conde.
"We have already provided $41 million to Guinea on an emergency basis. We are ready to do more if needed," she said.
The IMF fast-tracked $130 million (102.5 million euros) in aid two weeks ago to fight the Ebola epidemic after the governments of the worst-hit countries in West Africa said they were desperately counting on promises of global aid to be backed up with cash.
The IMF financing included $41 million for Guinea, $49 million for Liberia, and $40 million for Sierra Leone.
The World Health Organization said 4,033 people have died from Ebola as of October 8 out of a total of 8,399 registered cases in seven countries. The sharp rise in deaths came as the UN said aid pledges to fight the outbreak have fallen well short of the $1 billion (800 million euros) needed.
Source: AFP

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