The International Monetary Fund has projected that Nigeria’s Gross Domestic Product will grow at 2.1 percent in 2018.
It also predicted a lower economic growth of 1.9 per cent for the country in 2019.
The lower growth outlook for the country is coming less than two weeks after the World Bank forecast Nigeria’s GDP to grow by 2.5 per cent in 2018.
Advertisement
The IMF also revised its forecast for the world economy’s growth in both 2018 and 2019 to 3.9 per cent.
Related posts:
IMF projects 2.1 pct growth for Nigeria in 2018
IMF projects -3.4% growth for Nigeria
IMF pegs Nigeria’s 2019 growth forecast at 2.3%
IMF downgrades Nigeria’s GDP growth to 3%
LCCI projects 3% GDP growth for 2018
Cameroon considers two-year IMF aid programme to drive growth
IMF’s Lagarde says protectionist ‘sword’ hangs over firming growth
Sub-saharan countries to record 3.54% growth – IMF
