Despite Nigeria Border Closure, Benin Republic Maintains Strong Economy - IMF - 9jaflaver



WELCOME TO 9JAFLAVER

NEWS  |  BBNAIJA  |  SPORTS  |  CELEBRITY GIST  |  | MIXTAPE  |  COMEDY VIDEOS  |  JOKES  |  TECH  |  FASHION


PROMOTE MUSIC | ADVERTISE | SUBMIT FREEBEAT


Search anything below

ads1

Despite Nigeria Border Closure, Benin Republic Maintains Strong Economy – IMF

THE International Monetary Fund (IMF) has disclosed that the Republic of Benin has maintained a strong economic performance despite Nigeria’s closure of the land border connecting the two countries.

Nigeria on the 19 September 2019, had abruptly halted import and export activities on the border as one of its strategies of stopping smuggling, trafficking and other criminal activities.

Luc Eyraud, Deputy Division Chief in the IMF’s Fiscal Affairs who led the IMF team in its latest visit to Benin in a press release said the Beninese economic Real GDP is expected to grow by 6.4 per cent in 2019, mostly driven by the agriculture and transport sectors.

“Growth should accelerate in 2020 and remain sustained over the medium term, buttressed by vigorous cotton production, construction, and port activities.

“Consumer price inflation, affected by the high agriculture production, has been on a declining trend, falling by 1.4 per cent in the first nine months of 2019, relative to the same period one year earlier.

“It is expected to remain well below the 3.0 per cent regional ceiling in 2019 and 2020. The fiscal deficit for 2019 is estimated at 2.3 per cent of the recently rebased GDP.



CLICK HERE TO COMMENT ON THIS POST

Promote Music, Video, Comedy Skit On 9jaflaver
Call: +2348173379226 Or +2348143945195

Whatsapp: +2349076241148

Loading...


SPONSORED LINKS




PROMOTED SONGS



DOWNLOAD ALSO


» Hurrikane – Very Risky




» King Vanucci – Kele Gbe (On Sight)




» Series – E Don Tey (Prod By Standford)




» Omecca – Ego




» Gbolahan – Gbori Wole




» Dr. Paul Ft Kwin—Obuliwom Elu



🎵 Want Latest Nigerian Songs? Click HERE



Comment Below:-

Enter Name Below (Optional)

         
Enter Comment Below:-





SPONSORED LINKS





MUSIC OF THE WEEK



© 2014-2019 9jaflaver. All Rights Reserved.

About us||Content Remova||Privacy Policy|Contact us

Advertis|Request For Music

9jaflaver is not responsible for the content of external sites.