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In 2006,national economic activity,although down from the performances recorded in 2005, remained buoyant despite the decline in oilsector activity. Real overall GDP growth is estimated at about 1.3 per cent for 2006.
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AFTER REACHING 5.5 PER CENT IN 2005, growth might only have barely reached 3 per cent in Senegal in 2006, owing to a conjunction of unfavourable factors.
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ANGOLA IS EXPERIENCING RAPID and prolonged economic growth, thanks to a boom in commodity prices and rapid development of oil and diamond production. But lack of structural reform, widespread inefficiency and weak governance are jeopardising the potential of economic growth.
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MALI’S ECONOMIC GROWTH OUTLOOK remains favourable. After recording a 6 per cent growth rate in real GDP in 2005, growth in 2006 is estimated at 5 % and is expected to be around 4.7 % per year in 2007 and 2008.
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RWANDA HAS MADE CONSIDERABLE PROGRESS in rebuilding its economic and social infrastructure since the end of the 1994 war. Real GDP grew by, 6.3 per cent in 2005 and is estimated to have increased by 4.3 per cent in 2006.
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MALAWI IS AMONG THE POOREST countries in the world without a violent internal conflict.While 2005 presented a number of severe challenges, including amajor food-security crisis where close to half the population required emergency food support, GDP growth rebounded strongly in 2006.
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AEO 2007 - Statistical Annex
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AEO 2007 - Tables
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By South African standards, the country experienced high real GDP growth in2005 and 2006 at around 5 %. But gold mining and agriculture are largely underperforming owing to structural bottlenecks and diminishing prospects.
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DESPITE AN IMPROVED ECONOMIC situation foreshadowing a brighter future, Congo is still suffering overall from the 1990s civil wars, whose devastatingeffects on the populations and infrastructures continue to weigh heavily on economic and social recovery.