value
Indicators
realized 2014
Baseline
Scenario
Accelera
ted
Scenario
2014
Baseline
Scenario
Accelera
ted
Scenario
Real GDP growth rate
5.4*
(%)
5.9
6.6
5.9
5
3
Average
annual
1.8
inflation rate (%)
<3
<3
0.2
5
5
Overall
investment
24.0*
rate (% GDP)
20.9
23.4
22.7
0
0
Public investment rate
8.6*
(% GDP)
_
_
9.2
_
_
Tax burden rate (%
19.5*
GDP)
20.2
20.2
20.3
5
5
Overall
budgetary
balance (base of order -4.6*
to pay in % GDP)
_
_
-3.4
-
-
Current trade balance
excluding grant (% -13.2*
GDP)
_
_
-10.3
-
-
2013
Source: Priority action programme / accelerated growth and employment promotion
strategy (PAP/SCAPE) and authors’ calculations from the data of the Ministry of the
Economy, Finance and Development Planning (MEFPD)(Directorate of the
Economy).
* Reference values updated from the macroeconomic data published by MEFPD
in 2015.
2.4 Growth:
435. The real GDP growth rate was estimated at 5.9% in 2014 as against 5.4% in
2013. This growth was propelled mainly by the primary sector with a contribution of
3.8 percentage points. The increase in the production of food and cash crops during
the 2014-2015 farming season is attributed to this perforamnce.
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