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Myanmar's macroeconomic environment remains stable, though economic growth is estimated to have slowed to 5.9 percent in 2016-17 compared to 7 percent in 2015-16, weighed down by slower investment demand. Growth is projected to recover to 6.4 percent in 2017-18, though risks are tilted to the...
Persistent link: https://www.econbiz.de/10012644881
Myanmar's economy performed better in 2017/18 with a modest growth acceleration that partially reversed the deterioration experienced in 2016/17. While the outlook remains positive, risks have intensified. The economy experienced a broad-based increase in real GDP growth to 6.4 percent in...
Persistent link: https://www.econbiz.de/10012645306
Myanmar's economy is navigating significant uncertainty and risks at home and abroad. A year after violent upheaval in Rakhine State led to the forced displacement of over seven hundred thousand refugees to Bangladesh, limited progress has been made in resolving fundamental issues relating to...
Persistent link: https://www.econbiz.de/10012645784
Myanmar's economy is slowly picking up speed and regaining stability after a volatile 2018. Despite a challenging global environment, Myanmar's economic growth is expected to rise to 6.5 percent in 2018/19 from 6.4 percent in the Transition Period1 supported by strong performance in the...
Persistent link: https://www.econbiz.de/10012646214
Myanmar's economy continues to show resilience despite the global slowdown and domestic uncertainties. Its economy is estimated to have grown at 6.3 percent in 2018/191, marginally higher than 6.2 percent in 2017/18, supported by better performance in the manufacturing and services sectors....
Persistent link: https://www.econbiz.de/10012646823
The Myanmar Economic Monitor (MEM) periodically takes stock of economic developments anddiscusses economic prospects and policy priorities in Myanmar. The MEM draws on available datareported by the Government of Myanmar and additional information collected as part of the WorldBank Group's...
Persistent link: https://www.econbiz.de/10012248437
After two years of strong economic growth and macroeconomic stability, Myanmar faced a more difficult economic environment in 2015-2016. In 2015-2016, economic growth in Myanmar eased to 7 percent amid a supply shock from heavy flooding, a slowdown in new investment flows during an election...
Persistent link: https://www.econbiz.de/10012248441
The Myanmar Economic Monitor (MEM) aims to periodically take stock of economic development and highlight economic prospects and policy priorities in Myanmar. Myanmar grew at an estimated 8.5 percent in real terms in 2014/15. The MEM touches on continued recovery in growth, public consumption,...
Persistent link: https://www.econbiz.de/10012248442
The second wave of the Coronavirus (COVID-19) pandemic has amplified Myanmar's public health and economic challenges. Domestic cases of Coronavirus (COVID-19) have risen rapidly in recent months. The pandemic and the associated containment measures have weakened consumption and investment, and...
Persistent link: https://www.econbiz.de/10012497557
Following the significant volatility that characterized much of 2022, economic conditions in Myanmar have shown tentative signs of stabilization in the first half of 2023. The parallel market exchange rate remained broadly stable between January and May, albeit 27 percent lower against the US...
Persistent link: https://www.econbiz.de/10014312759