EXCERPTS! GOVERNMENT OF SIERRA LEONE BUDGET AND STATEMENT OF ECONOMIC AND FINANCIAL POLICIES FOR THE FINANCIAL YEAR, 2015 19. In addition, several countries/agencies have committed funds to support regional efforts to fight Ebola in Guinea, Liberia and Sierra Leone. These include the Bill and Melinda Gates Foundation, US$51 million; Canada, US$30 million; Clinton Global Health Investment, US$5.9 million; Comic Relief, US$1.6 million; Federal Republic of Germany, US$87.8 million; GlaxoSmithKline, US$1.5 million; Switzerland, US$5.2 million; and Timor Leste, US$2 million. In total, with the exception of contribution by Timor Leste, US$183 million has been disbursed as support for Guinea, Liberia and Sierra Leone. The United Nations is yet to disaggregate this amount for the three countries. 20. Private donations, both local and foreign, amounted to Le 9.8 billion and US$4.6 million as per bank statement from the Sierra Leone Commercial Bank as at 31st October 2014. 21. Mr. Speaker, we recognize the additional budget support provided by the African Development Bank, US$24 million; World Bank, US$20; European Union, Euro 12.6 million to mitigate the impact of higher spending and revenue loss due to Ebola. The budget support provided by the IMF through an augmentation of resources of US$40 was timely in mitigating the fiscal impact of Ebola and supported the increase in the amount offered in the weekly Foreign Exchange Auction by the Bank of Sierra Leone.
Posted on: Fri, 14 Nov 2014 19:45:01 +0000
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