As Economy Maintains Resilience Amid Challenges
November 25, 2019
2:10 pm
The positive Gross Domestic Product numbers achieved in the third quarter of 2019 calls for more complementary fiscal and monetary policy to enhance macroeconomic growth, writes Obinna Chima
Last week, the National Bureau of Statistics (NBS) released the Gross Domestic Product (GDP) report for the third quarter (Q3) of 2019, which showed that GDP expanded to 2.28 per cent (year-on-year), in real terms, in the period under review, compared to the 2.12 per cent recorded in the preceding quarter.
The latest GDP performance was the second highest quarterly rate recorded since 2016.
The report also showed that aggregate GDP for …
