Footnote:
East Asia and Pacific
Myanmar
English
en_US
Description:
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 year, and a more challenging external environment including lower commodity prices affecting Myanmar’s main exports. The May 2016 edition of the MEM takes stock of recent economic developments, policy challenges, economic prospects, and upcoming policy priorities. Economic growth in 2016-2017 is expected to pick up, with a premium on sound macroeconomic policies and continued structural reforms