Remarks
on the Impact of Ebola
Christine Lagarde, IMF Managing
Director
October 9, 2014
Thank you very much, Jim. And
good morning to you, President Johnson Sirleaf, and to you, President
Koroma. It’s nice to see you both on the
screens. And good morning, President CONDé.
Thanks for being with us today.
On behalf of the IMF, I’m not
going to address the health and humanitarian issues that Jim has identified so
well, but I think that on this occasion, each institution has to do everything
it can in its own area of competence and, more importantly, coordinate and
cooperate with the others. At the IMF, we have mobilized resources, in addition
to the programs that were in place in these three countries. We’ve moved
expeditiously. I have to say that the Board has been unbelievable in responding
to our request, and we are ready to do more. It is very rare for the IMF to say
that, but on this occasion I will say it: It is good to increase the fiscal
deficit when it’s a matter of curing the people, of taking the precautions to
actually try to contain the disease.
The IMF doesn’t say that very often.
It’s good to increase the fiscal deficit. Now, are we going to be enough of a
response financially? No. And clearly, it’s an instance where all international
institutions, all bilateral donors have to rally around these three countries
to help them face the crisis. And it is even more demanding, given the economic
progress, that those three countries have made over the last few years. The
case of Guinea, for instance, the growth was in double digits. In the case of
Liberia and Sierra Leone, there were huge progress, and the economic situation
from a macroeconomic point of view was on its way to stabilization, and the
fight against poverty was making progress.
So, what is likely to happen in
addition to what I’m not addressing, the health and humanitarian aspects of
this crisis? Is potential economic decline which will hamper the efforts that
have been undertaken by the population and by the governments of these
countries. So, from our perspective, and I want to repeat that in front of you
three Presidents, we will stand ready to help you more, and I hope that the
Board will support our efforts in so doing.
I would like to recognize the
effort of Jim Kim in trying to shake us all in doing what is required. And I
would like to salute the heroic efforts of the doctors, of the nurses, of all
the people who, on the ground, are taking risks to address this issue.
Thank you. |
|微社区|手机版|Archiver|英语口译 ( 渝ICP备10012431号-2 )
GMT+8, 2014-10-28 22:38 , Processed in 0.082775 second(s), 24 queries , Gzip On.