This budget brief presents a summary of developments in Myanmar's public finances. This report includes three sections that cover the aggregate fiscal update, public finance developments in states and regions, and core service ministries. The report relies on data from published reports of the...

Economic conditions in Myanmar have deteriorated in the past six months, with the signs of recovery observed in the first half of 2023 proving to be fragile and short-lived. Conflict has escalated across much of Myanmar since October causing displacement, labor shortages, and increased logistics...

This budget brief is part of a series of reports summarizing developments' in Myanmar's public finances. The report relies on new information published by the authorities, including the recently published reports of Ministry of Planning and Finance (MOPF), and other publicly available sources....

The impacts of the March earthquake are continuing to disrupt lives and livelihoods, exacerbating the already very difficult economic conditions. The World Bank estimates that economic output losses attributable to the earthquake will be equivalent to around 4 percent of gross domestic product...

This economic update provides an overview for 2012 and 2013 in Myanmar, years during which the economy continued to accelerate. The main drivers of growth were increased gas production, services, construction, foreign direct investment, and strong commodity exports. Inflation has been on the...

Agriculture sector growth in Myanmar averaged 2.5 percent during 2009/10-2016/17. This compares to only half of the growth rate in neighboring China and Thailand at the same stage of their economic development and less than one-third of nonagricultural growth in Myanmar. This low agricultural...

Since launching fundamental political and economic reforms in 2011, Myanmar has been undergoing a major transformation aimed at increasing openness, empowerment and inclusion. The economic transition has witnessed an acceleration in growth, buoyed by improved macroeconomic management, increased...

Economic conditions have deteriorated further in the past six months, with recent devastating floods adding to ongoing challenges associated with armed conflict and macroeconomic volatility. In conjunction with heavy monsoon rains, Typhoon Yagi, which struck Myanmar in early September, triggered...