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In 2020, Nigeria experienced its deepest recession in four decades, but growth resumed in the fourth quarter as … yet incomplete, which threatens Nigeria's nascent recovery. In the baseline scenario, Nigeria's economy is expected to … advanced economies, reform slippages would hinder the renewed economic expansion and undermine progress toward Nigeria …
Persistent link: https://www.econbiz.de/10012603688
The Nigeria Biannual Economic Update is a product of the staff of the World Bank and has three broad aims. First, it …. Finally, the Update provides a more in-depth examination of selected highly relevant economic issues. The Nigeria Biannual …
Persistent link: https://www.econbiz.de/10012645243
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Nigeria's emergence from recession remains slow: real GDP grew by 1.9 percent in 2018. While this was above the 0 … counteracted by direct interventions by the Central Bank of Nigeria (CBN), non-oil, non-agricultural growth, which remained …
Persistent link: https://www.econbiz.de/10012646016
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following the June 2016 liberalization of the Naira,the Central Bank of Nigeria (CBN) maintained theinterbank exchange rate at … around N 305 per USD. The chapter second describes the World Bank's view on Nigeria's economic outlook for 2017. The chapter … third summarizes the findings of a forthcoming Bank report Toward Sustainable Growth in Nigeria: Empirical Analysis and …
Persistent link: https://www.econbiz.de/10012248103
Nigeria's economic performance has weakened since the previous Nigeria Development Update (NDU) was published in June … markets such as Nigeria, have tightened, as the US dollar has appreciated sharply against most other currencies to …
Persistent link: https://www.econbiz.de/10014247518
Important reform decisions have been taken for Nigeria to avoid a fiscal cliff, and temporary compensation is being … outlook for Nigeria in the short to medium term hinges on the continuation and effectiveness of its macroeconomic … stabilization agenda. Successful implementation of the initiated reforms will be the first step toward improving Nigeria's growth …
Persistent link: https://www.econbiz.de/10014495450
The fall 2021 issue of the Iraq Economic Monitor provides an in-depth review of the latest macroeconomic and policy developments amidst a global recovery in international oil markets and as COVID-19 restrictions begin to ease. As a result, the monitor finds that the economic prospects for Iraq...
Persistent link: https://www.econbiz.de/10012817513
Following the surge in COVID-19 infections in Q3 2021, Malaysia is gradually emerging from the worst wave of the pandemic. As a result, the Malaysian economy is expected to be on a recovery path next year. In the near-term, it is key to ensure that targeted support measures remain in place. The...
Persistent link: https://www.econbiz.de/10012817590