Kallo Inc. (KALO)

[Sage7243]

Read the IMF Survey for December

Onwards and upwards!!!!!!!!

http://www.imf.org/external/pubs/ft/survey/so/2014/new120114a.htm


One lesson the world should learn from the Ebola outbreak is the need to prepare for worldwide epidemics, so-called pandemics, according to the World Bank’s Olga Jonas. Governments have chronically neglected human and veterinary public health systems to detect and control outbreaks of infectious diseases. It would cost about $3.4 billion a year to bring health systems in emerging and developing countries up to the standards needed to cope with infectious disease outbreaks—a minuscule percentage of what a pandemic would cost the global economy, not to mention the immeasurable pain and suffering that would occur.

http://www.imf.org/external/pubs/ft/survey/so/2014/new120114a.htm


Guinea: The Board approved $41.4 million under the Rapid Credit Facility (RCF). The Ebola outbreak started in Guinea by end-2013 and intensified sharply from July, although it has been hit somewhat less hard than its neighbors. The country’s short-term economic outlook has deteriorated substantially, with 2014 growth expected to fall from a 4.5 percent projected at the beginning of the year to 2.4 percent. Guinea is making satisfactory progress under its existing arrangement under the Extended Credit Facility (ECF) but will receive emergency funding under the RCF arrangement because the most recent review under the ECF arrangement is pending.