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MY FATHER'S ADVICE... 1. Not everything will go as you expect in your life. This is why you need to drop expectations and go with the flow. 2.Reduce bitterness from your life, that shit delays blessings! 3. Dating a supportive woman is everything. 4. If you want to be successful, you must respect one rule - Never lie to yourself. 5. If your parents always count on you, don't play the same game with those who count on their parents. 6. Chase goals, not people. 7. Your 20's are your selfish years, build yourself, choose yourself first at all cost. 8. Detachment is power. Release anything that doesn't bring you peace. 9. Only speak when your words are more beautiful than your silence. 10. Invest in your looks. Do it for no one else but yourself. When you look good, you feel good. Normalize dressing well, you're broke not mad. 11. Some people want to see everything go wrong for you because nothing is going right for them. 12. Being a good person doesn't get you lov...
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Global Economy to grow to 5.2% in 2021-The Panagora Blog

 Sub-Saharan Africa’s (SSA) economy is expected to achieve a year-on-year growth of 3.1% by the end of 2021, from -3.0% recorded in 2020.The global economy is expected to rebound to 5.2% in 2021 as against 4.4% in 2020.Also the Nigerian economy is also expected to grow by 1.1% in 2021 according to the world bank.

Key highlights and projections for 2021

  • The advanced economies with a year-on-year growth of 3.9% are expected to get further strengthened in 2021.
  • The US and the Euro area will grow year-on-year by 3.1% (2020: -4.3%) and 5.2% (2020:-8.3%) respectively, as the countries implement robust fiscal and monetary stimulus packages that would galvanize the economy and hasten the recovery process.
  • The emerging and developing economies will print a year-on-year growth of 6.0% predicated on the growth prospects in China’s economy.
  • Sub-Saharan Africa’s (SSA) economy is expected to achieve a year-on-year growth of 3.1% by the end of 2021, from -3.0% recorded in 2020.
  • In 2021, the SSA regional heavyweights like Nigeria and South Africa would grow year-on-year growth rates of 1.7% (-3.4%: 2020) and 3.0% (-8.0%: 2020) respectively, albeit below their potentials.
  • Ghana’s economy will be strengthened in 2021 as it grows year-on-year by 4.2% as against 0.9% in 2020.
  • Angola will record its first growth in two years, though at year-on-year of 3.2% in 2021, from -4.0% recorded in 2020, -0.9% in 2019.
  • The growth for economies that are largely dependent on commodity exports and tourism would be challenged and might face weaker recovery.

What this means

The global economic growth means an increase in real GDP – an increase in the value of national output, income and expenditure.

Essentially the benefit of economic growth is higher living standards – higher real incomes and the ability to devote more resources to areas like health care, education, infrastructural developments, etc.

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