Myanmar Economic Monitor, December 2019 : Resilience Amidst Risk

Myanmar’s economy continues to show resilience despite the global slowdown and domestic uncertainties. Its economy is estimated to have grown at 6.3 percent in 2018/191, marginally higher than 6.2 percent in 2017/18, supported by better performance...

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Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/501141578669463216/Myanmar-Economic-Monitor-Resilience-Amidst-Risk
http://hdl.handle.net/10986/33190
id okr-10986-33190
recordtype oai_dc
spelling okr-10986-331902021-09-21T12:32:17Z Myanmar Economic Monitor, December 2019 : Resilience Amidst Risk World Bank EQUITABLE GROWTH ECONOMIC GROWTH AGRICULTURAL PRODUCTIVITY RESILIENCE FOREIGN DIRECT INVESTMENT TRADE MONETARY POLICY FISCAL TRENDS RISKS PRIVATE SECTOR DEVELOPMENT CONFLICT Myanmar’s economy continues to show resilience despite the global slowdown and domestic uncertainties. Its economy is estimated to have grown at 6.3 percent in 2018/191, marginally higher than 6.2 percent in 2017/18, supported by better performance in the manufacturing and services sectors. Macroeconomic volatility has increased since the June 2019 Myanmar Economic Monitor, with inflation reaching double digits in July 2019. Economic growth is expected to reach 6.4 percent in 2019/20, helped by growing investment in the transport and telecommunication sectors and government’s planned infrastructure spending before the 2020 elections. Risks to the economic outlook are tilted to the downside due to slowing global and regional growth, and continued uncertainty about investor perceptions triggered by the Rakhine crisis and the pace of reforms prior to the 2020 general elections, although the pace has thus far been strong. 2020-01-15T22:06:10Z 2020-01-15T22:06:10Z 2019-12-31 Report http://documents.worldbank.org/curated/en/501141578669463216/Myanmar-Economic-Monitor-Resilience-Amidst-Risk http://hdl.handle.net/10986/33190 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Economic Updates and Modeling East Asia and Pacific Myanmar
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic EQUITABLE GROWTH
ECONOMIC GROWTH
AGRICULTURAL PRODUCTIVITY
RESILIENCE
FOREIGN DIRECT INVESTMENT
TRADE
MONETARY POLICY
FISCAL TRENDS
RISKS
PRIVATE SECTOR DEVELOPMENT
CONFLICT
spellingShingle EQUITABLE GROWTH
ECONOMIC GROWTH
AGRICULTURAL PRODUCTIVITY
RESILIENCE
FOREIGN DIRECT INVESTMENT
TRADE
MONETARY POLICY
FISCAL TRENDS
RISKS
PRIVATE SECTOR DEVELOPMENT
CONFLICT
World Bank
Myanmar Economic Monitor, December 2019 : Resilience Amidst Risk
geographic_facet East Asia and Pacific
Myanmar
description Myanmar’s economy continues to show resilience despite the global slowdown and domestic uncertainties. Its economy is estimated to have grown at 6.3 percent in 2018/191, marginally higher than 6.2 percent in 2017/18, supported by better performance in the manufacturing and services sectors. Macroeconomic volatility has increased since the June 2019 Myanmar Economic Monitor, with inflation reaching double digits in July 2019. Economic growth is expected to reach 6.4 percent in 2019/20, helped by growing investment in the transport and telecommunication sectors and government’s planned infrastructure spending before the 2020 elections. Risks to the economic outlook are tilted to the downside due to slowing global and regional growth, and continued uncertainty about investor perceptions triggered by the Rakhine crisis and the pace of reforms prior to the 2020 general elections, although the pace has thus far been strong.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Myanmar Economic Monitor, December 2019 : Resilience Amidst Risk
title_short Myanmar Economic Monitor, December 2019 : Resilience Amidst Risk
title_full Myanmar Economic Monitor, December 2019 : Resilience Amidst Risk
title_fullStr Myanmar Economic Monitor, December 2019 : Resilience Amidst Risk
title_full_unstemmed Myanmar Economic Monitor, December 2019 : Resilience Amidst Risk
title_sort myanmar economic monitor, december 2019 : resilience amidst risk
publisher World Bank, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/501141578669463216/Myanmar-Economic-Monitor-Resilience-Amidst-Risk
http://hdl.handle.net/10986/33190
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