The International Monetary Fund has predicted a growth rate of 2.7 percent for Nigeria in 2022.
According to it, the reversal is half a percentage point lower than what it predicted in the October WEO, largely reflecting forecast markdowns in the two largest economies , adding that the global economy enters 2022 in a weaker position than previously expected. “The ongoing retrenchment of China’s real estate sector and slower-than-expected recovery of private consumption also have limited growth prospects.”According to the IMF, although this is 0.2 percentage point higher than in the previous forecast, the upgrade largely reflects a mechanical pickup after current drags on growth dissipate in the second half of 2022.
Why can't IMF and World Bank leave Nigeria alone? They are confusing our already confused leaders.
IMF please stop underrating us because we will surpass this growth by the second quarter of 2022. A steady and consistent economic growth. You can read the outcome of the MCP today to clear your doubt.
They should face their front.
Where's the growth?
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