The government is working together with the private sector to promote locally produced goods, including those made in the states and regions beyond Yangon. The aim is to export the goods and narrow the trade deficit, which is in line with the National Export Strategy. Last week, the Union of Myanmar Federation of Chambers of […]
Myanmar needs to build more financial institutions, says IMF
January 23, 2014 by
YANGON—The International Monetary Fund is urging Myanmar to build more financial institutions in order to achieve further development and continuous growth, a senior official said on Tuesday. “I think the government’s decision last year to establish an autonomous central bank is a very important one. Myanmar needs to build more institutions to manage its economy. […]