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International institutions ready funds for Ebola-hit countries

Published on Aug 5, 2014 3:37 AM

WASHINGTON (REUTERS) – International development banks are preparing a package of emergency loans for three West African countries hit by the deadly Ebola virus, bank officials said on Monday as African leaders gathered in Washington for a US-hosted summit focusing on the region.

African Development Bank President Donald Kaberuka told Reuters the bank would immediately disburse funds to Liberia, Sierra Leone and Guinea, whose health systems have been stretched by the outbreak. The worst outbreak of Ebola ever has killed nearly 900 people since it began in February.

Bank officials said the funding was close to US$60 million (S$75 million).

“These countries need structural support to build up their health systems” still recovering from years of conflict, Mr Kaberuka said.

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