Global economic growth to steady at 3.2% in 2024 – IMF

The International Monetary Fund (IMF) has projected a continuation of global economic growth and a decline in inflation rates for the years 2024 and 2025.

This projection comes on the heels of “surprisingly resilient” economic activity during the global disinflation of 2022 to 2023, the IMF says.

The IMF also upgraded Nigeria’s economic growth by 0.2 per cent to 3.5 percent in 2024. It however downgraded the growth for 2025 by -0.4 to 2.5 per cent.