Annex to the Budget Guideline 2014-2015

Abstract

The trend of growth indicates that for the past 10 years, (2003 – 2012) there has been mixed growth in real GDP with an average 7.0 percent. The outturn of GDP growth for 2012 was 6.9 percent compared to 6.4 percent in 2011. The strong performance was reflected in communication (20.6 percent), financial intermediation (13.2 percent), manufacturing (8.2 percent), and construction (7.8 percent). The strong performance was attributed to: improved transport and communication infrastructures, industrial production and agricultural sectors.