Myanmar’s recovery waylaid by second wave, but rebound expected later: World Bank

The second wave of the COVID-19 pandemic will delay the recovery of the Myanmar economy, leading to the growth of just 1.7 percent in fiscal 2019-20, according to the World Bank’s Myanmar Economic Monitor 2020 released December 16. This is down from growth of 6.8pc in fiscal 2018-19, mainly due to a contraction in manufacturing […]