Liberia seeks $1.3 billion to restart its economy which was crippled by recent Ebola outbreak and fall in prices of commodities, Bloomberg reported on November 1, citing the country’s Minister of Finance, Development and Planning, Boima Kamara.

“After recording practically no growth over the past three years, we well intend to invest in power production to stimulate the manufacturing sector while prioritizing agriculture,” said Kamara, adding that his country will borrow from World Bank and International Monetray Fund (IMF).

According to the official, Liberia aims a yearly economic growth rate of about 6% average over the seven years starting from 2018, after recording an average growth rate of about 8% between 2006 and 2013.

Ebola which originated in Forest Guinea in 2013 spread to neighboring Liberia and Sierra Leone and killed more than 11,800 people officially for nearly 28,000 identified cases. Meanwhile, iron ore exports which are the country’s main source of revenues fell by more than 60% and the rubber’s prices were impaired by oversupply.