Thus, the planned average annual growth rate was 9.2%, about 9% of the inflation rate, and even a current account balance was hoped for. In practice, the actual growth rate was 5.8% which was far below the target growth rate and the current account deficits widened due to the second oil shock, domestic inflation, weakening export competitiveness and increased debt obligations. The many problems that had arisen during this plan suggested the infeasibility of policy adjustments corresponding to the rapid changes in the domestic and foreign environments.