The International Monetary Fund has revealed that Nigeria’s Debt-to-GDP ratio is decent but very risky and cannot be guaranteed as…
Browsing: GDP
ON SATURDAY, April 5th, South Africa was Africa’s largest economy. The IMF put its GDP at $354 billion last year, well ahead of its closest rival for the crown, Nigeria. By Sunday afternoon that had changed. Nigeria’s statistician-general announced…
South Africa remains the most important economy in the continent despite being overtaken by Nigeria as Africa’s biggest, South African economists said. The result of a long awaited rebasing of Africa’s most populous nation showed that Nigeria’s GDP…
Sri Lanka’s economy grew a weaker-than-expected 7.3 percent last year, the country’s central bank said Friday as it kept interest rates at multi-year lows as it looks to boost private investment and lending. The Central Bank of Sri Lanka said last year…