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  The International Monetary Fund (IMF) has projected that Nigeria’s economy will recede by 3.4% in 2020 as house a result of the COVID-19 pandemic that has disrupted global supply chains. This would be the worst recession in 30 years, and the second recession in five years, following closely after find a negative economic growth of 1.51% in 2016. In 1987, Nigeria’s economy receded by -10.87 and -0.6 in 1991. This is contained in the April 2020 business World Economic Outlook report released on Tuesday in Washington. Gita Gopinath, IMF chief economist and director of the research department, said the recession to be experienced would be the worst since the Great Depression that occurred between 1929 and 1932 when the advanced economies shrunk by 16%. It is projected that the Nigerian economy will rebound by 2.4% in 2021. “For the first time since the Great Depression, both the advanced economies and emerging and developing economies are in a recession,” she

  The International Monetary Fund (IMF) has projected that Nigeria’s economy will recede by 3.4% in 2020 as a result of the COVID-19 pandemic that has disrupted global supply chains. This would be the worst recession in 30 webapex.net years, and the second recession in five years, following closely after a negative economic growth of 1.51% in 2016. In 1987, Nigeria’s economy reced westernmagazine.org ed by -10.87 and -0.6 in 1991. This is contained in the April 2020 ysin.org World Economic Outlook report released on Tuesday in Washington. Gita Gopinath, IMF chief economist and director of the research department, said the recession to be experienced would be the worst since the Great Depression that occurred between 1929 and 1932 when the advanced economies shrunk by 16%. It is projected that the Nigerian economy will rebound by 2.4% in 2021. “For the first time since the Great Depression, both the advanced economies and emerging and developing economies are

  The International Monetary Fund ( usatimes.cc IMF) has projected that Nigeria’s economy will recede by 3.4% in 2020 as a result of the COVID-19 pandemic that has disrupted global supply chains. This would be the worst recession in 30 years, news and the second recession in five years, following closely afte usanews.cc r a negative economic growth of 1.51% in 2016. In 1987, Nigeria’s economy receded by -10.87 and -0.6 in 1991. This is contained in the April 2020 World Economic Outlook report released on Tuesday in Washington. Gita Gopinath, IMF chief economist and director of the research department, said the recession to be experienced would be the worst since the Great Depression that occurred between 1929 and 1932 when the advanced economies shrunk by 16%. It is projected that the Nigerian economy will rebound by 2.4% in 2021. “For the first time since the Great Depression, both the advanced economies and emerging and developing economies are in a recession,