Myanmar: Staff-Monitored Program

January 17, 2013

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Myanmar: Staff-Monitored Program, (USA: International Monetary Fund, 2013) accessed September 18, 2024

Summary

Myanmar is a low-income country, and with the right reforms, it can realize its rich economic potential. The government has embarked on a bold and historic set of reforms, which are already bearing fruit. Executive Directors support the steps for ensuring macroeconomic stability. Exchange rate unification will be an important foundational step for securing macroeconomic stability, which will help boost competitiveness and trade. A consistent monetary policy framework and containing fiscal deficits will give higher and stable revenues to fund development needs.

Subject: Arrears, Banking, Exchange rates, External debt, Foreign exchange, Government debt management, Public financial management (PFM)

Keywords: Arrears, Asia and Pacific, Budget deficit, Central bank, CR, Exchange rates, Foreign exchange, Global, Government debt management, Growth strategy, Implementation ability, ISCR, Managed float, Monetary policy, Private sector, U.S. dollar, Union government

Publication Details

Pages:

37
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/013
Stock No:

1MMREA2013001
ISBN:

9781475595567
ISSN:

1934-7685

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