Nigeria: Nigerian Economy Contracts By 1.5 Percent in 2016, Marginally Beating IMF Forecast

The Nigerian economy contracted by 1.5 per cent in 2016, the first full-year contraction since 1991, and slightly beat the forecast by the International Monetary Fund (IMF), which initially predicted a contraction in the country’s Gross Domestic Product (GDP) by 1.8 per cent, but later revised it to 1.7 per cent. In contrast, the Nigerian economy…

afrika54news

ACTUALITÉ AFRICAINE À TOUTE HEURE

You May Also Like