Ebola Lockdown Takes Economic Toll In West Africa

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Ebola Lockdown Takes Economic Toll In West Africa

by Wochit 0:54 mins

Ebola Lockdown Takes Economic Toll In West Africa

by Wochit 0:54 mins

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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