Jim Kim: World Bank may divert more long-term funds to fight Ebola

UNICEF delivers World Bank-funded essential supplies to Sierra Leone, one of the Ebola-hit countries in West Africa. The financial institution is willing to spend more to prevent a bigger economic catastrophe in the region. Photo by: Francis Ato Brown / World Bank / CC BY-NC-ND

Just a day after mobilizing a $105 million grant for immediate response to the ongoing Ebola outbreak in West Africa, the World Bank insisted in mid-September that it would do everything in its power to prevent the disease from causing “potentially catastrophic” short- and medium-term damage to the economies of Guinea, Liberia and Sierra Leone.

The world’s top multilateral donor had initially pledged $200 million in August for the Ebola response, over $100 million of which was for the medium- and long-term health systems strengthening in the three affected countries, “but if there is not enough money coming online to build the immediate response … we will have to … divert it and focus on the immediate response,” World Bank President Jim Yong Kim said Wednesday.

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About the author

  • Ravelo jennylei

    Jenny Lei Ravelo

    Jenny Lei Ravelo is a Devex Senior Reporter based in Manila. She covers global health, with a particular focus on the World Health Organization, and other development and humanitarian aid trends in Asia Pacific. Prior to Devex, she wrote for ABS-CBN, one of the largest broadcasting networks in the Philippines, and was a copy editor for various international scientific journals. She received her journalism degree from the University of Santo Tomas.