GDP in developing Asia is projected by the IMF to grow by 5,9 per cent in 2002, but as global economic growth gathers momentum; the economy is forecast to strengthened by 6,4 per cent in 2003. 7. Domestic economic developments  Turning now to domestic economic conditions, recent events have been interesting to say the least.
Against the extreme volatility in the financial markets, and in particular in the foreign exchange market, real-sector developments have been relatively stable. Growth in the real gross domestic product in 2001 as a whole amounted to 2,2 per cent, marginally exceeding population growth and signifying a small per capita increase.