IMF Economic Forecast: Growth Up, but Inflation Risks Poverty Gains

The International Monetary Fund (IMF) released its July 2026 World Economic Outlook Update, maintaining Nigeria’s economic growth forecast at 4.1% for 2026 and 4.3% for 2027. However, the IMF explicitly warned that soaring prices for basic necessities, energy, and food threaten to push more households into vulnerability and offset recent macroeconomic stabilization successes.