Myanmar’s Economic Growth to Recover, Inflation to Moderate in FY2016 – ADB

Myanmar’s positive political developments and structural reform programs will help foster economic growth and investment, says a new Asian Development Bank (ADB) report launched today. In its Asian Development Outlook (ADO) 2016, ADB forecasts Myanmar’s economic growth to recover to 8.4% in fiscal year 2016 (ending 31 March 2017). The country’s economic growth eased to […]

No turning back for Myanmar’s economy

The headlines on Myanmar in local and foreign media are often worrying – and not without reason. Myanmar’s army is embroiled in a border war, its peace process with 16 armed ethnic groups and alliances hangs in the balance, students are protesting against the education system and the recently freed media is discovering the limits […]