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Article: Malaysia's forward progress is secure.
- Article from:
- Market Asia Pacific
- Article date:
- July 1, 2006
CopyrightCOPYRIGHT 2006 Media Contact Resources, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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In the context of a developing economy Malaysia's efforts have drawn favorable recognition from the international financial community. The International Monetary Fund (IMF) in particular has acknowledged Malaysia's recent progress (specifically in a March 13, 2006 press release following a high level consultation with Malaysian officials.)
A good summary of the international consensus in regard to Malaysia's economy comes from that March 13, 2006 release. "In recent years, Malaysia's economic performance has been robust, underpinned by prudent macroeconomic management and structural reform."
Probably the most favorable comment made by the IMF was that ...