Weakening growth potential
The pandemic will likely deepen the expected slowdown in major drivers of growth over the next decade, unless a comprehensive package of policy reforms is enacted to boost growth.
Downgrades in long-term growth prospects
Past recessions, e.g. the global recession following the global financial crisis more than a decade ago, were followed by several years of downgrades in long-term growth prospects.
Persistent income losses
Reforms to boost growth prospects
A comprehensive policy effort is needed for a recovery that reverses the damage from the pandemic and builds back better. In the past, investors have recognized and anticipated the growth dividends of institutional reforms by upgrading their long-term growth forecasts.
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Most parts of Jigawa lie within the Sudan Savannah with elements of Guinea Savannah in the southern part. Total forest cover in the state is below national average of 14.8%. Due to both natural and human factors, forest cover is being depleted, making northern part of the state highly vulnerable to desert encroachment. The state enjoys vast fertile arable land to which almost all tropical crops could adapt, thus constituting one of its highly prized natural resources. The Sudan savannah vegetation zone is also made up of vast grazing lands suitable for livestock production.