Nigeria's economy will grow by 2.1% in 2020, 2021 and 2022, the World Bank has predicted
- The global organisation also predicts more positive growth for Kenya
- The World Bank says South Africa's economy will grow but there are conditions that should be met
It is a positive outlook for Nigeria as the World Bank has predicted economic growth of 2.1% for the three consecutive years of 2020, 2021 and 2023.
The World Bank’s January 2020 global economic prospects released on Wednesday, January 8, said Kenya would witness a 6% increase in its own economy during the same period.
The report, while putting the economic growth of Sub-Saharan Africa at 2.9% in 2020, it lamented Nigeria’s macro-economic framework saying this was not conducive to confidence.
The Nation, which analyses the report, quotes the organisation argued that Nigeria’s macro-economic framework is challenged by issues of multiple exchange rates, foreign restrictions and continued inflation.

Audio growth

josh123:
Audio growth

learn to be positive,

They've said that assuming a lesser side. I believe that the Nigerian economy will grow by at least 2.9%. Considering how the Nigerian film industry is growing in Asia and the rest of Africa, it would improve the precious foreign reserves of our country.