The International Monetary Fund (IMF) has held its projection about Nigeria’s economic growth prospect at 3.4 per cent amid growing concern about elevated inflation and the possibility of a technical recession in the year.
The Fund is also more bullish about sub-Saharan Africa (SSA), which is expected to grow 3.8 per cent this year and four per cent through next year. The figures are not different from April forecasts about the performance of the regional economy.
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