
IMF Projects 3% Economic Growth Rate For Nigeria In 2025
IMF Projects 3% Economic Growth Rate For Nigeria In 2025 The International Monetary Fund (IMF) has projected that Nigeria’s economy will grow by 3.0 per cent in 2025, according to its latest World Economic Outlook report released on Tuesday. However, the current Medium Term Expenditure Framework (MTEF) forecasts the economy to grow at 4.6 percent in 2025, yet with targets of the last ten years missed by an average of 41.57 percent, this may become another hopeful projection. The organisation also projects a 2.7% growth rate for the country in 2026. The global financial institution noted that while Nigeria faces…