chapter 2 macroeconomic perspective 24 25 i introduction 01 during the review period 2001 2003 malaysian economy recorded a creditable performance despite unprecedented volatility in global as well uncertainties arising from international terrorism wars afghanistan and iraq outbreak of severe acute respiratory syndrome sars was able to sustain growth due expansion domestic demand brought about by fiscal stimulus accommodative monetary policies promotion sources also contributed enhanced economic resilience these robust consumption activities placed financial structure fundamentals on stronger footing 02 for remaining plan 2004 2005 will be directed towards strengthening enhancing competitiveness face challenges globalisation liberalisation world government continue actively pursue an endogenously driven strategy alongside foreign direct investment fdi pro business pursued provide enabling environment private sector perform more aggressive role stimulating long term
