Tag: GDP

IMF Says Nigeria’s Growth in 2016 Expected to Decline Further to 2.3%

March 31, 2016/IMF On March, 30, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV Consultation [1] with Nigeria.   The Nigerian economy is facing substantial challenges. While the non-oil sector accounts for 90 percent of GDP, the oil sector plays a central role in the […]

Senegal GDP growth reaches 6.5 pct for first time in 12 years -IMF

Sat Mar 12, 2016/Reuters Senegal’s economic growth reached 6.5 percent in 2015 for the first time in more than a decade, the International Monetary Fund said late on Friday, buoyed by the agriculture sector and the government’s two-year-old economic plan. Senegal is considered to be one of the most stable […]

Lesotho Records 6% GDP in 2013/14-IMF

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Real Gross Domestic Product (GDP) growth of highland African kingdom of Lesotho has remained strong in 2013/1 at around 6 percent (6%) according to the International Monetary Fund (IMF). This is coming on the heels of the IMF’s team led by David Dunn, who visited […]