Nigeria: As Fiscal Deficit Widens, IMF Projects Nigeria's Investment At 20 Percent of GDP
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The International Monetary Fund predicts Nigeria's total investment will reach 20 percent of GDP by 2026. This would be the highest level since 2020. At the same time, the country's fiscal deficit is expected to grow.
[This Day] The International Monetary Fund (IMF), has predicted that Nigeria's total investment will rise to 20 per cent of Gross Domestic Product (GDP) in 2026, its highest level since 2020, even as the country's fiscal deficit is expected to widen, highlighting the contrasting outlook for investment activity and government finances.