UN General Assembly
1988

To illustrate this, the data available for the first six months of 1988 suggest overall economic growth of 5 per cent. This percentage is higher than that registered in 1987, when the gross domestic product experienced a 4 per cent growth. This growth is primarily due to the positive evolution in the agricultural sector. Despite this positive trend, our country's economic and financial situation remains difficult. Foreign debt still constitutes an enormous burden to our economy, negatively conditioning its growth. Although there has been some significant progress in the debt-rescheduling process, there has been no generalised application of the more favourable conditions we have been seeking.