‘International Monetary Fund contributed to Ebola epidemic’


This video is called IMF policies blamed for aggravating spread of Ebola. It says about itself:

26 December 2014

A year since the Ebola epidemic took hold in West Africa, the number of fatalities has reached 7,500, and the toll is still piling up. But according to a new report, International Monetary Fund policies have only made matters worse.

From daily The Morning Star in Britain:

Ebola outbreak fuelled by IMF‘s obsession with debt

Wednesday 31st December 2014

Neoliberal policies prioritising international debt repayment above social spending added fuel to the Ebola crisis, leading academics warned yesterday.

Professors said that the International Monetary Fund is operating policies that hamper healthcare in the three worst-hit West African countries.

Conditions for loans from the fund had prevented an effective response to the outbreak that has killed nearly 8,000 people, they wrote in this month’s Lancet Global Health journal.

The IMF immediately leapt to deny the charges and quoted World Bank data to support its contention that its programmes contributed to “significantly improved” health outcomes in Guinea, Sierra Leone and Liberia.

In addition, the finance agency added, it had provided £250 million to fight Ebola in west Africa.

But the professors were unequivocal in their conclusions.

“The IMF aims to become part of the solution to the crisis … yet, could it be that the IMF had contributed to the circumstances that enabled the crisis to arise in the first place?” asked the Lancet article, whose lead author is Cambridge University sociologist Alexander Kentikelenis.

Co-authors are Lawrence King of Cambridge, Martin McKee of the London School of Hygiene and Tropical Medicine and David Stuckler of Oxford University.

IMF lending requires governments to give priority to short-term economic objectives over investment in health, the authors insisted, backing up their arguments with IMF statistics that showed the terms of loans to Guinea, under an IMF austerity programme for 21 years, Liberia, following one for seven years, and Sierra Leone, in the programme for 19 years.

IMF policies had contributed to “underfunded, insufficiently staffed and poorly prepared health systems” in the three countries — a major reason the outbreak spread so rapidly, they said.

They added that IMF insistence on decentralised healthcare made it difficult to mobilise a co-ordinated response to Ebola.

Did Palm Oil Expansion Play A Role in the Ebola Crisis? Here.

6 thoughts on “‘International Monetary Fund contributed to Ebola epidemic’

  1. The IMF, is the strangest institute I know, it has nothing to offer than evil, its assets are built on the devastation of people and the planet, it could be said if the IMF, had no assets no country would be in plight, as the money extracted from the countries of the world would be used for the creative construction of the infrastructure on the planet we are inhabitants of, fundamentally it is a criminal organization that the politicians have to obey or they will become ruined by the IMF, the ferry that caught fire off Greece is all part of the same as the ebola saga, the IMF created austerity and the ferry had to take risks because of lack of money created by the IMF, why is this allowed to happen?

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  2. Ebola doctor goes back into fray

    Cuba: Doctor Felix Baez, who was cured of Ebola after contracting it in Sierra Leone, said on Monday that he will go back to West Africa to continue with relief efforts.

    Dr Baez told state newspaper Granma that he would return to the region in January after ensuring he is fully recovered.

    His wife Vania Ferrer said she supported her husband’s decision.

    “Of course, I know him, and it could be no other way,” she said.

    http://morningstaronline.co.uk/a-b93e-World-in-brief-31st-December-2014#.VKQVznuAoTs

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  3. Pingback: Ebola killing humans, gorillas, chimpanzees | Dear Kitty. Some blog

  4. Pingback: Peabody Energy’s Ebola profiteering exposed | Dear Kitty. Some blog

  5. Pingback: Refugees keep drowning in Mediterranean | Dear Kitty. Some blog

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