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
3 dead, 2 injured in 3-storey building collapse in Kano - NEMA confirms
Lagos NCS visits family of stampede victim, promises nonstop financial support
Husband appeals to I-G to find missing Police wife who went on official duty
ASUU Sokoto demands council reconfirmation, payment of allowances
Yahaya Bello: Charge, prosecute US school for money laundering - Sowore to EFCC
Don't hide deformed kids, they can contribute to nation's growth - Expert
Tragedy as suspected bandits ambush, kill army commander in Katsina
Adeleke wants residents to fish out water pipeline vandals round the clock
APC uncover how Kano govt mobilises protest against Ganduje in Abuja
ADVERTISEMENT