The growth is characterized by a balance between demand and supply, as reflected by the resilience of consumption expenditure followed by favorable growth in investment. The realization of Gross Fixed Capital Formation (GFCF) through 2007 increased by 8.37%, while private investment grew 7.18% from last year’s level.
Such growth caused the investment to GDP ratio to rise from 19.5% in 2003 to 23% in 2007. Widespread diversification is also evident in the economy. Therefore, despite a manufacturing sector that has not yet fully recovered, many other sectors have developed and consequently supported wealth creation in our  4  BIS Review 8/2008  economy throughout 2007.