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Myanmar’s Economy – Resilience Amidst Risks
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Myanmar’s economy continues to show resilience despite the ongoing global slowdown and domestic uncertainties, according to World Bank’s Myanmar Economic Monitor for December 2019. The report estimates that Myanmar’s economy grew at 6.3% in 2018-19, marginally higher than 6.2% in 2017-18. Economic growth is expected to reach 6.4% in 2019-20, helped by growing investment in the transport and telecommunications sector and planned infrastructure spending by the government before the 2020 elections. Still haven’t subscribed to World Bank YouTube? ► ► ► http://wrld.bg/x4SB50x47Lu Get more stories on development with our newsletter. Choose from different categories and select your preferred language: https://www.worldbank.org/en/newsletter-subscription ABOUT THE WORLD BANK GROUP The World Bank Group is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development. Website: http://www.worldbank.org Immersive Stories: https://www.worldbank.org/en/who-we-are/news/biggerpicture Events: http://live.worldbank.org Follow us on social media ► ► ► Facebook: http://www.facebook.com/worldbank Twitter: http://www.twitter.com/worldbank Instagram: http://www.instagram.com/worldbank LinkedIn: https://www.linkedin.com/company/the-world-bank
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141
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2020-02-14T16:25:10Z
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Myanmar’s economy continues to show resilience despite the ongoing global slowdown and domestic uncertainties, according to World Bank’s Myanmar Economic Monitor for December 2019. The report estimates that Myanmar’s economy grew at 6.3% in 2018-19, marginally higher than 6.2% in 2017-18. Economic growth is expected to reach 6.4% in 2019-20, helped by growing investment in the transport and telecommunications sector and planned infrastructure spending by the government before the 2020 elections.
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