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
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)
News and Highlights
Regional Economic Outlook: Asia and Pacific
Despite a weaker-than-expected first half of the year, the outlook for the Asia and Pacific region remains solid. The ongoing global recovery, while tepid, should support Asia's exports. Meanwhile, favorable financial and labor market conditions, as well as broadly accommodative policies, will continue to underpin domestic demand. GDP is forecast to grow by 5.5 percent for the third consecutive year in 2014, rising slightly to 5.6 percent in 2015. Financial dislocations associated with higher global interest rates, and protracted weak growth in advanced and emerging market economies are the main downside risks to the outlook. A sharper-than-anticipated downturn in China's real estate sector and less-effective-than-envisaged Abenomics in Japan would also adversely affect regional growth prospects. Geopolitical tensions could also disrupt trade and financial flows, with adverse effects on growth. Policymakers in the region should capitalize on the outlook to gradually rebuild policy space and push ahead with structural reforms to deliver sustainable growth. While there is no one-size-fits-all approach, fiscal consolidation should generally continue in a calibrated manner, especially where debt levels are higher, and monetary normalization should proceed particularly where inflation pressures are high or building up.
Read the report in English.