CBN Expects Single-Digit Inflation 2013

The Central Bank of Nigeria (CBN) expects inflation to remain below its single-digit target throughout 2014, as it has this year, Deputy Governor Kingsley Moghalu said on Thursday.
He also said growth next year was projected at 7.6 percent, which compares with a rate this year of around 6.5 percent.
He added that better prudence meant the government would be able to keep Nigeria’s fiscal deficit below 3 percent in 2014, as it has this year.

Leave a Reply

Your email address will not be published. Required fields are marked *