"Reexport" Quotes from Famous Books
... growth of 3.3%. Inflation jumped to 35% in 1994 (compared to 3% in 1993) following the 50% currency devaluation in January. Commercial and transport activities, which make up almost 36% of GDP, are extremely vulnerable to developments in Nigeria as evidenced by decreased reexport trade in 1994 due to a severe contraction in Nigerian demand. The industrial sector accounts for less than 10% of GDP and mainly produces foods, beverages, cement, and textiles. Support by the Paris Club and official bilateral creditors has eased the external debt ... — The 1995 CIA World Factbook • United States Central Intelligence Agency |