Thursday, 2 January 2014

World projections for 2014

As year 2013 draws the curtain against and on all forms of activities – economic, commercial, social and otherwise, 2014 awaits to open up for continuation of activities.
Many countries through the foresight of economists have projected high growth in their GDPs. While many projects, many as well are still doubtful about the conditions of their economies – in terms of rising or falling.
Firstly, world economy is projected to grow or rise by 3.6% in 2014. This projection was made by the IMF as against 2013 that were slated at 2.9%. Countries such as china, India, and some other developing countries have been projected to witness a slow pace of economic growth in 2014.
In Africa, the case seems to differ as growth is projected for most of its developing countries. One of the best growing economies in the African continent – South Africa is slated to rise in 2014 but at a slower rate which bounces up a bit above 2.5%. Nigeria economy is expected to grow faster moving up a bit above 7.0%. the country by 2014 is slated to be among the world’s best and largest thirty(30) economies. Ghana is as well slated to witness a rise of about 8.6% in 2014.
What will these statistics give us in 2014, hope or heart ache.

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