World Bank Talk Say Economy Dey Chop Slow-Pace, Wetin Go Happen Next?

My people, hear am well well! World Bank don yarn say the global economy dey show strong resilience but e still dey waka slow like molue wey don jam breakdown, especially for developing countries. Na so dem talk am for their latest Global Economic Prospects report wey drop this January.

According to dem, global growth fit slow down to 2.6% for 2026 but go touch small ching-ching of 2.7% for 2027. Yes oh, no be joke! This estimate don change from wetin dem dey predict earlier. And you fit guess wetin cause all dis gbege? Na the United States, wey dey contribute about two-thirds of this better forecast. E be like say dem dey grow beta beta!

But abeg, no let all dis sweet talk deceive you! Even as growth don dey show face, dem warn say this decade fit make history as the weakest one for global growth since 1960s. Make we dey shine our eye, because income gap dey widening sharp sharp. You fit check say about one in four developing economies still dey poorer pass how e be for 2019. Na wah!

Dem report talk say growth for 2025 follow trade boost up and down, but all dis ginger dey fade as we enter 2026. Trade and local demand wan cool down. But no wahala, World Bank talk say easing financial conditions and more spending from big economies go help balance the matter small. So, either we set the stage better or we go dey face stagnation and jobless crisis.

Now, if we look Nigeria side, our own Central Bank dey optimistic. Dem talk say increase for economic growth dey expected to reach about 4.49% for this same 2026, and inflation go calm down small to about 12.94%. Na as dem dey shake things up and try stabilize the situation. If all dis hope turn to reality, e go really sweet for we wey dey hustle for ground.

World Bank sef don dey drop serious warning about jobs. Over 1.2 billion young people dey comot for developing countries which dey ready to join workforce soon! Na the reason wey dem talk say we need strong efforts to create am plenty jobs. Three areas dem dey suggest: Strengthening our education and skills, improving how business dey operate, and making sure small-small money fit enter better investment. Na so e be!

With dis challenges and the level wey public debt don reach, especially for developing countries, maintaining financial sustainability don turn to urgent matter. Na wetin dem dey talk say fiscal rules fit help stabilize the economy. E no be news say rules alone no go solve everything; wetin matter pass be political will and strong enforcement.

Poor countries dey suffer as many don carry fiscal rules enter their plans. Dem dey try limit how dey dey spend and borrow, but how we go fit follow through na di koko. So, make we dey watch as our leaders form plans to weather this storm. If dem fit manage public and private finances well, we fit see brighter days for economy and start to bridge the income gap.

As we dey enter 2026, let’s dey hope say dem go work hand in hand for legislative and business reforms wey go support growth, create jobs, and build better futures for all. E no go easy, but hope dey shine through the gbring-mackup!