Search Results

You are looking at 1 - 8 of 8 items for :

  • "a number of development priority" x
Clear All
International Monetary Fund. Asia and Pacific Dept

percent (y/y) in November 2017, from 27 percent (y/y) in September 2017. 6. The authorities launched their Myanmar Sustainable Development Plan (MSDP) on February 26. The MSDP identifies a number of development priorities, reflecting multi-dimensional and vast development needs. While further work is needed to specify reform sequencing and integration with the medium term fiscal framework, the MSDP is a good first step towards setting reform direction, and building an inclusive development agenda.

International Monetary Fund. Asia and Pacific Dept
This 2017 Article IV Consultation highlights that Myanmar’s economy stabilized in 2016/17. The new government saw a challenging first year with lower-than-expected growth of 5.9 percent in 2016/17 mainly owing to weak agriculture production and exports, and temporary suspension of some construction projects in Yangon. Inflation moderated to 6.8 percent, and the current account deficit fell to about 3.9 percent of GDP in 2016/17 from 5.1 percent 2015/16. The medium-term macroeconomic outlook remains favorable. Growth is expected to rebound to 6.7 percent in 2017/18 mainly supported by a recovering agriculture sector and exports. Higher fiscal spending anticipated in the second half of 2017/18 owing to buoyant tax revenues will also support growth.
International Monetary Fund. Asia and Pacific Dept
International Monetary Fund. Asia and Pacific Dept

2017 Article IV Consultation - Press Release; Staff Report; and Statement by the Executive Director for Myanmar