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World Bank readies $300 million to cover half of new Ebola response

GENEVA (Reuters) – The World Bank Group is readying a $300 million package of grants and credits to support the fight against the deadly Ebola virus in Democratic Republic of Congo, it said on Wednesday.

It said the funding would meet about half the needs of a new Ebola response plan that is due to be agreed by the Congolese government and an international consortium next week. Previously the World Health Organization had said the response would need “hundreds of millions” of dollars for the rest of this year.

Reporting by Tom Miles; Editing by Gareth Jones

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Source: Reuters.com