Myanmar’s Economy to Start Recovering Early Next Year: World Bank

YANGON—In its latest Economic Monitor report, the World Bank (WB) forecasts that Myanmar’s economy will start a slow recovery in March next year, but warns the country’s poverty rate could increase due to ongoing restrictions to curb the spread of the pandemic in the country. The bank on Wednesday suggested the government focus on relief […]

Myanmar maps out recovery and reform

The Myanmar government is putting the finishing touches on an ambitious new economic recovery and reform plan. To be announced during the current transition period following the Nov 8 elections, it will be part of the strategic plan for the next five years. The “recovery and reform roadmap” will guide the formation of economic policies […]