- Tuesday June 1st, 2021
- Posted by: Nina Mayap
In 2019, the national economy evolved in a gloomy international environment, characterised by the slowdown in global growth, uncertainties on trade and the fall in the prices of exported products, especially crude oil. At the national level, the persistence of insecurity in certain localities in the Far North due to the Boko Haram terrorist sect, the socio-political crisis in the North-West and
South-West regions and the fire at SONARA at the end of May 2019 have also had a negative impact on economic activities. The real GDP growth rate slowed to 3.7% in 2019 after 4.1% in 2018.