I expect growth to be around 7.7 percent in 2005/06. The main drivers will be services and manufacturing.

233

Overseas investments are coming in every sector, from manufacturing to services. New jobs are being created. Demand for manufactured goods, services and manpower are rising and that's keeping the economy buoyant.

174

The government's plan to cut the deficit will pay off if the economy continues to accelerate. The budget deficit next year, which would be the lowest since 1980, means there won't be pressure on rates to rise.

166