Timeline Vodcast | Coping with Economic Hardship

The global economy is facing significant challenges, with the World Bank predicting a slowdown in economic growth to 2.4% in 2024. This crisis is a widespread issue, affecting countries and regions worldwide. Historically, nations like South Korea have bounced back from severe economic crises through swift and effective policy responses.

Nigeria, in particular, has faced substantial economic challenges in the past year due to the removal of fuel subsidies and exchange rate floating. The impacts of economic crisis are far-reaching, including inflation, unemployment, high interest rates etc. These challenges affect families, youths, and children, leading to struggles in affording basic needs like food, education, and healthcare.

In this episode of Timeline Vodcast, we’ll explore how to cope with economic crisis, including policies and strategies governments and individuals must implement. By working together, it’s possible to overcome economic hardship and build a more resilient future. Join the conversation on how to maintain a healthy financial lifestyle.