IMF projects 2.1% growth for Nigeria in 2018

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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.

The IMF also revised its forecast for the world economy’s growth in both 2018 and 2019 to 3.9 per cent.

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