Economic growth in the six-nation Central AfricanCEMAC bloc dropped to 2 percent in 2015, International Monetary Fund managing director Christine Lagarde said on Friday.
Body says Central Africa bloc's economic growth slowed to 2 pct in 2015
Growth in the bloc, which is made up of Cameroon, Central African Republic, Chad, Congo-Brazzaville, Equatorial Guinea and Gabon, was expected to top 4 percent according to earlier IMF estimates.
Visitors are silhouetted against the logo of the International Monetary Fund at the main venue for the IMF and World Bank annual meeting in Tokyo October 10, 2012. REUTERS/Kim Kyung-Hoon
Persistently low oil prices have impacted the resource-rich region.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Plateau University suspends exams over killing of student
Nigeria laughing stock of the rest of the world due to insecurity - TY Danjuma
APC group claims Tinubu’s initiatives stimulating economic recovery
Plateau Gov urges calm after attack that led to death of 200-level PLASU student
NAFDAC reopens popular Ibadan supermarket shut for selling unregistered product
Gov Adeleke lavished with praise for providing water, sanitation facilities
CSO inaugurates campaign to combat electoral irregularities, promote reforms
Lagos arrests 10 fake officials for carrying out unauthorised enforcement
Ogun govt training herbalists to compete in world trado-medicine market
Pulse Sports
Lionel Messi's son breaks the internet after scoring five goals for Inter Miami
Naija Stars Abroad: Onyedika, Boniface, and Osimhen shine across Europe
Victor Osimhen and Tobi Amusan make list of Forbes’ 30 under 30 Class of 2024
ADVERTISEMENT