Economics
Nigeria Boost Sees IMF Lifting Sub-Saharan Africa Growth Outlook
- IMF raises 2019 GDP forecast for West African nation to 2.3%
- Sub-Saharan African economy to expand 3.8% next year, IMF says
Photographer: George Osodi/Bloomberg
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Sub-Saharan Africa has Nigeria to thank for better economic growth prospects next year.
The region’s economy will probably expand 3.8 percent in 2019, the International Monetary Fund said in its World Economic Outlook update released Monday. That compares with a 3.7 percent prediction in April.