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IMF revises Nigeria s 2021 GDP forecasts to 1 5 percent

TODAY January 27, 2021 The International Monetary Fund (IMF) in its World Economic Outlook (WEO) update released yesterday has projected that the Nigerian economy will grow by 1.5 per cent this year, slightly lower than the 1.7 per cent it had predicted for the country in its previous forecast. The multilateral institution, in its latest WEO titled: ‘Policy Support and Vaccines Expected to Lift Activity,’ however, predicted that in sub-Saharan Africa, growth will strengthen to 3.2 per cent in 2021 and 3.9 per cent in 2022. It also expected oil prices to average above $50 per barrel in 2021, a more than 21 per cent rise from 2020’s depressed level on the back of the rollout of vaccines and fiscal stimulus programmes.

IMF Revises Nigeria s 2021 GDP Forecasts to 1 5%

•Projects 21% rebound in crude oil prices By Nume Ekeghe in Lagos and Emmanuel Addeh The International Monetary Fund (IMF) in its World Economic Outlook (WEO) update released yesterday has projected that the Nigerian economy will grow by 1.5 per cent this year, slightly lower than the 1.7 per cent it had predicted for the country in its previous forecast. The multilateral institution, in its latest WEO titled: ‘Policy Support and Vaccines Expected to Lift Activity,’ however, predicted that in sub-Saharan Africa, growth will strengthen to 3.2 per cent in 2021 and 3.9 per cent in 2022. It also expected oil prices to average above $50 per barrel in 2021, a more than 21 per cent rise from 2020’s depressed level on the back of the rollout of vaccines and fiscal stimulus programmes.

Amitabh Bachchan s KBC Comment on IMF Chief Gita Gopinath s Beautiful Face Leaves Twitter Divided

»Amitabh Bachchan s KBC Comment on IMF Chief Gita Gopinath s Beautiful Face Leaves Twitter Divided 3-MIN READ Amitabh Bachchan s KBC Comment on IMF Chief Gita Gopinath s Beautiful Face Leaves Twitter Divided Gita Gopinath responded to the the video and said she was a huge fan of Amitabh Bachchan | Image credit: Twitter Economist Gita Gopinath is the chief of the International Monetary Fund since 2019 and recently became the subject of a question on the quiz reality show Kaun Banega Crorepati. FOLLOW US ON: Indian-American economist Gita Gopinath has been serving as the chief of the International Monetary Fund since 2019. Bollywood actor and Kaun Banega Crorepati host Amitabh Bachchan, however, has just referred to the Director of IMF s Research Department and the Economic Counsellor of the Fund as someone with a beautiful face .

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