At the beginning of the year, the International Monetary Fund (IMF) forecasted that GDP growth in 2014 would amount to 11.3 percent, 5.9 percent and 4.5 percent for Sierra Leone, Liberia and Guinea, respectively.

Submitted by SFARIGOU on Wed, 02/09/2015 - 1:50am

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In mid-August, as a result of these factors, IMF revised these estimates to 8.0 percent, 2.5 percent and 2.4 percent, accordingly. According to the Fund estimates, in Liberia the inflation rate will climb to 13.1 percent in 2014 from 7.7 percent before the Ebola crisis first broke. World Bank reports that “short-term fiscal impacts are also large, at $93 million for Liberia (4.7 percent of GDP); $79 million for Sierra Leone (1.8 percent of GDP); and $120 million for Guinea (1.8 percent of GDP).

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Dates

Wednesday, 1 October, 2014