Myanmar's economy is expected to see growth by the end of the current fiscal year, but that growth still lags pre-coup levels. In a report released by the World Bank on Monday, the Southeast Asian country is forecasted for an economic growth of 3% by the end of September. Titled "Myanmar's Economic Monitor: Navigating Uncertainty,"…
Singapore, Jan 30 (EFE).- The World Bank Monday forecasted 3% growth for Myanmar’s economy, warning that a worsening conflict would hamper the military-ruled country’s economic activities. The expected moderate growth rate for the current fiscal year, which ends in September, is similar to the previous year. However, the GDP dropped by 18% in 2021. “Although …
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