text: incomes fottowing ttte major shifts in relative prices throughout the economy, wages were adjusted twice, resulting in a doubling of the minimum waqe. In spite of continuing inflation, there was a modest increase in wages in real terms' (e) Interest rates:a flexible interest rate policy was adopted. Nominal rates were adjusted twice. Real rates committed to achieving positive ratesremained negativer but the Government was in the short to medium term.A/ 40 / 44L English Page 52 B. Economic situation I. Gross domestic product 135' Between 1973 and 1979, the gross domestic product grew at an annuar rate of5.8 per cent' largely as a result of the opening of trdo new bauxite mines in 1g74,the Compagnie des bauxites de Guinea (CBG) and the office des bauxites de Kindia(oBK)' which accounted for 24.5 per cent of GDp in Lg77. since Lg77, the growth ofGDP has been far less impressive, averaging less than I per cent, welr below therate of population growth (see table 23). The stagnation of GDp stems from thedifficulties of the mining sector, which after reaching a peak in 19g0, experiencedsome difficulties owing to the world economic crises, the resulting reduced demandand lower prices for aluminium. In 1984, the rural sector accounted for37.9 per cent of GDP, the secondary sector, including mining,25.5 per cent, andthe tertiary sector 36.6 per cent (the administrationrs share being I0 per cent).
analysis: The text appears to be discussing the economic situation of a country, specifically Guinea, and the impact of events such as shifts in relative prices, inflation, and the opening of new mines on its economy. The text also provides information on the composition of the country's GDP, including the contributions of different sectors such as mining, agriculture, and services. This suggests that the text is primarily focused on economic development and the role of natural resources in the economy.