IDPS: IMF Worries Over Rise In Nigeria, Others - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (J.T)
April 13, 2019
The International Monetary Fund, IMF says it isconcerned with the rising numbers of Internally Displaced Persons, IDPs inNigeria and other Sub-Saharan African countries.
The IMF said this in Washington DC in its latestRegional Economic Outlook for sub-Saharan Africa report presented by Directorof the IMF’s African Department, Abebe Selassie.
According to the IMF, the current number ofinternally displaced persons in the region is five times higher than it was 20years ago.
Figures from the report showed that the number ofIDPs in the Democratic Republic of the Congo is four point four million people,South Sudan 1.9 million and Nigeria one point seven million.
Selassie said that economic growth in theSub-Saharan region was expected to increase from three per cent in 2018 to threepoint five per cent in 2019.
According to the report, growth in Nigeria was onepoint nine per cent in 2018 and is expected to reach two point one per cent in2019, driven by recovering oil production and a pickup in the non-oil economyin the aftermath of the election.