IMF Myanmar Office
Inya Lake Hotel, Room 240
37, Kaba Aye Pagoda Road
TEL: (95) 1-9-662-866/662-857
FAX: (95) 1-663-149
APD Regional Economic Outlook Press Briefing, October 10, 2015
IMF Video: Frontier Asia on the Rise
MRTV Interview with IMF Deputy Managing Director Naoyuki Shinohara
IMF Res Rep Offices in Asia
Resident Representative Office in Myanmar
This web page presents information about the work of the IMF in Myanmar, including the activities of the IMF Resident Representative Office. Additional information can be found on the Myanmar and IMF country page, including IMF reports and Executive Board documents that deal with Myanmar.
At a Glance: Myanmar’s Relations with the IMF
- Current IMF membership: 188 countries
- Republic of the Union of Myanmar joined the Fund in January 03, 1952
- Quota: SDR 258.40 million
- Myanmar and the IMF
- The last Article IV Executive Board Consultation was on June 28, 2013 (Country Report No. 13/250)
Regional Economic Outlook: Asia and Pacific
While Asia’s growth has recently disappointed, the region is expected to grow at a steady 5.4 percent in 2015–16, remaining the global growth leader. Asia’s growth should benefit from relatively strong labor markets and disposable income growth along with the ongoing gradual recovery in major advanced economies. Across most major Asian economies, lower commodity prices should help consumption. Negative risks to growth dominate, especially the possibility of a sharper slowdown in China or larger spillovers from the changing composition of China’s demand. In addition, further U.S. dollar strength accompanied by a sudden tightening of global financial conditions, weaker growth in Japan, and weaker regional potential growth could also dim Asia’s growth prospects. High leverage could amplify shocks, and lower commodity prices will also hurt corporate investment in key commodity-producing sectors. All in all, despite its resilient outlook, Asia is facing a challenging economic environment. This calls for carefully calibrated macroeconomic policies and a renewed impetus on structural reforms to facilitate investment and improve economic efficiency, bolstering economic resilience and potential growth.
Read the report in English.