Nigeria downgrades growth forecast as election approaches - Abuja - TopicsExpress



          

Nigeria downgrades growth forecast as election approaches - Abuja AFP - Nigerias finance minister on Wednesday downgraded growth forecasts for 2015 and proposed a modest cut in spending as Africas top economy tries to respond to plummeting global crude prices.Finance Minister Ngozi Okonjo-Iweala said an earlier estimate for 2015 GDP growth of 6.35 percent had been lowered to 5.5 percent.Based on the revised growth forecast and a reduced benchma ... ow.ly/2SdTr5
Posted on: Wed, 17 Dec 2014 15:03:49 +0000

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