Credit Growth in India Expected to Exceed Nominal GDP
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#638412a0 ver:0.3

Despite challenges, India and Nigeria have prospects for economic growth. India's GDP growth rate is estimated to have expanded by 6.8% to 7.1% in Q2 FY24, while Nigeria's economy grew by 2.98% in Q1 2024. The World Bank projects a 3.3% growth for Nigeria's economy in 2024, and Africa is expected to have an average GDP growth of 3.8% in the same year. However, poor governance in Africa hinders development, and Nigeria is projected to slip to the fourth largest economy in Africa by 2024. Kenya is forecasted to become the fourth largest economy in sub-Saharan Africa. #EconomicGrowth #India #Nigeria #Africa...

#newstr #Nigeria #Economy #Debt #Inflation #Reforms 

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