Ebola epidemic continues to stagnate Liberia’s economic growth

Global Business

Liberia’s economy was hard hit during the Ebola epidemic with positive growth forecasts slashed by more than half. Local and international trade stuttered. Now as cases are subsiding, companies both big and small are doing what they can to recover. CCTV’s Katerina Vittozzi filed this report from Monrovia.

Ebola epidemic continues to stagnate Liberia\'s economic growth

Ebola epidemic continues to stagnate Liberia\'s economic growth

Liberia's economy was hard hit during the Ebola epidemic with positive growth forecasts slashed by more than half. Local and international trade stuttered. Now as cases are subsiding, companies both big and small are doing what they can to recover. CCTV's Katerina Vittozzi filed this report from Monrovia.

Highlights:

  • The World Bank says nearly 50 percent of Liberians were unemployed during the Ebola epidemic’s peak.
  • Economic uncertainty of Ebola led banks to stop giving business loans and major airlines still haven’t returned.
  • The World Bank has pledged financial support for Liberia as it seeks to rebuild its economy.