Ebola Lockdown Takes Economic Toll In West Africa
Analysts said on Thursday, as striken countries remained in lockdown and rushed to bolster emergency responses, the Ebola outbreak in West Africa threatens to exact a severe economic toll. Matt Robinson, senior credit officer at Moody’s rating agency said, the shutting down of schools, borders and government services in the worst-affected countries of Guinea, Liberia and Sierra Leone could have a “significant” financial impact on already impoverished nations. He said in a statement, “The outbreak risks having a direct financial effect on government budgets via increased health expenditures that could be significant.”
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