sarb speech, 2005-09-16
Assuming that the capital stock would have to increase by 4½ to 5 per cent per year to support a real growth rate of 6 per cent per annum, it would require the ratio of fixed capital formation to gross domestic product to rise from the current 17 per cent to around 22 per cent in order to achieve such growth on a sustainable basis.
Sentiment: neutral
Topic: mp_economic_activity