Washington (AFP) - The deadly Ebola epidemic could deal a $32 billion-plus blow to the West African economy over the next year if officials cannot get it under control, the World Bank warned Wednesday.
If efforts to halt its spread out of a three-country core -- Liberia, Sierra Leone and Guinea -- are not successful by December, the entire region faces a real threat of economic catastrophe, the Bank said in a new report.
"In broader regional terms, the economic impacts could be limited if immediate national and international responses succeed in containing the epidemic and mitigating aversion behavior," it said.
"If, on the other hand, the epidemic spreads into neighboring countries, some of which have much larger economies, the cumulative two-year impact could reach US$32.6 billion by the end of 2015."
The bank noted that small outbreaks in Nigeria and Senegal have been quickly stifled, showing the potential for fast and resolute reactions.
The disease has so far killed nearly 3,500 people, has already taken a toll on the economy of the three countries, stifling production and consumption.
