Myanmar : 2013 Article IV Consultation and First Review Under the Staff-Monitored Program

 
 
Publication Date: August 02, 2013
 
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Summary: This 2013 Article IV Consultation highlights that recent economic developments in Myanmar have been positive. Growth is estimated to have risen to 6½ percent in FY2012/13 (April–May), driven by gas production, construction and services while inflation climbed to 4.7 percent in March 2013. The external current account deficit is estimated to have widened to about 4½ percent of GDP in FY2012/13, but to have been largely financed by foreign direct investment. The economic outlook remains favorable. Growth is expected to accelerate slightly in FY2013/14, led by rising gas production and investment, including in the transport and telecommunications sectors, and a recovery in agriculture.
 
Series: Country Report No. 13/250
Subject(s): Article IV consultation reports | Economic growth | Financial sector | Monetary policy | Floating exchange rates | Multiple currency practices | Fiscal policy | Debt sustainability analysis | Economic indicators | Staff Reports | Public information notices | Staff-monitored programs | Myanmar

 
English
Publication Date: August 02, 2013
ISBN/ISSN: 9781616358822/1934-7685 Format: Paper
Stock No: 1MMREA2013002 Pages: 78
Price:
US$18.00 (Academic Rate:
US$18.00 )
 
 
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