IMF / EBOLA
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STORY: IMF / EBOLA
TRT: 0.58
SOURCE: IMF
RESTRICTIONS: NONE
DATELINE: 11 SEPTEMBER 2014, WASHINGTON DC
RECENT
1. Wide shot, exterior IMF Headquarters
11 SEPTEMBER 2014, WASHINGTON DC
2. SOUNDBITE: (English) Bill Murray, IMF Deputy Spokesman:
“Based on the latest information available, growth could decline by at least 3 to 3.5% in Liberia and Sierra Leone and by 1.5% in Guinea.”
3. Cutaway, reporters
4. SOUNDBITE: (English) Bill Murray, IMF Deputy Spokesman:
“We are talking in the realm – fiscal balance of payment needs for the three countries – these gaps or on the order of $100-130 million for each country.”
5. Cutaway, reporters
6. SOUNDBITE: (English) Bill Murray, IMF Deputy Spokesman:
“All three countries do have IMF programs, so we’re in active engagement right now with the authorities to help determine how we can cover the additional financing requirement that they are facing.”
RECENT
7. Med shot, exterior IMF Headquarters
The IMF said Thursday that the impact of the Ebola outbreak will cut growth in Liberia, Sierra Leone, and Guinea, raising their financing needs to $100-130 million each.
Talking to journalists in Washington, Bill Murray, IMF Deputy Spokesman said that “based on the latest information available, growth could decline by at least 3 to 3.5% in Liberia and Sierra Leone and by 1.5% in Guinea.”
The IMF said that growth in Sierra Leone will drop from 11.3 to 8 percent. In Liberia, growth will more than halve from 5.9 to 2.5 percent and in Guinea, growth will drop from 3.5 to 2.4 percent.
As a result, Murray said each government will face significant fiscal shortfalls.
“We are talking in the realm – fiscal balance of payment needs for the three countries – these gaps or on the order of $100-130 million for each country,” Murray said.
Murray said the IMF is working with each country to determine how to secure additional funding.
He added that “all three countries do have IMF programs, so we’re in active engagement right now with the authorities to help determine how we can cover the additional financing requirement that they are facing.”