Post by Henry Emeka (@Emekus)

IMF projections are not wrong but they don’t measure suffering
IMF growth forecasts look at macroeconomic indicators, not daily living conditions. They measure things like:

investment levels

government spending

oil output

currency reforms

productivity trends

They do not measure:

electricity availability

food prices

insecurity

unemployment

poverty levels

So it’s possible for a country to have positive GDP growth while Nigerians still experience hardship.

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