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IMF’s June 2016 forecasts for global growth

The International Monetary Fund lowered its world growth estimates for 2016 and 2017 on Tuesday, citing the negative impact of Britain’s vote to quit the European Union.

IMF says Nigeria heading into recession

The IMF slashed its growth forecast for the Nigerian economy this year on Tuesday, saying a combination of plunging oil revenues and weakened investor confidence will push it into recession.

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