Myanmar foreign debt

Myanmar foreign debt now totals US$10.2 billion

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Myanmar ended the 2017-2018 fiscal year with US$10.2 billion in foreign debt, the Joint Public Accounts Committee reported to the Union Parliament. That is an 11.5% rise from the previous fiscal year. According to the committee, China is Myanmar̵

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IMF and the World Bank slashes growth forecasts

IMF and the World Bank revise growth forecasts for Myanmar

Posted on December 19, 2018

The International Monetary Fund (IMF) and the World Bank have both cut their GDP growth estimates for Myanmar in 2018-19. This highlights further indications of a lack of confidence in the country’s economy. In a statement, the IMF revised its grow

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