AMRO’s 2018 Annual Consultation Report on Myanmar
Myanmar’s economy was on a gradual recovery path in Fiscal Year (FY) 2017/18 driven by expanding public spending and exports, after slowing down in the previous year.
Myanmar’s economy was on a gradual recovery path in Fiscal Year (FY) 2017/18 driven by expanding public spending and exports, after slowing down in the previous year.
Myanmar’s economy was on a gradual recovery path driven by expanding public spending and exports while inflation moderated in fiscal year (FY) 2017/18, after slowing down in the previous FY.
Myanmar’s economy has been on a steady recovery path, but strengthened efforts on structural and institutional reforms are needed to develop a more market-based economy with inclusive growth, according to the preliminary assessment by the ASEAN+3 Macroeconomic Research Office (AMRO) after its Annual Consultation Visit to the country from May 15 to 25, 2018.
Around the world, the spotlight has always been on the central bank to curb inflation. However, in several developing countries, including Myanmar, curbing inflation is not solely a matter for the central bank, but also for the fiscal authorities.
Myanmar’s economic growth is expected to be strong in FY2017/18.
The 2017 Annual Consultation Report on Myanmar provides an assessment of the state of the Myanmar economy in 2017, short-term economic outlook, risks and vulnerabilities facing the economy, and policy recommendation.
The ASEAN+3 Macroeconomic Research Office (AMRO) conducted its Annual Consultation Visit to Myanmar from January 16 to 20, 2017.