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

Author/Editor:

International Monetary Fund. Asia and Pacific Dept

Publication Date:

August 2, 2013

Electronic Access:

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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:

English

Publication Date:

August 2, 2013

ISBN/ISSN:

9781616358822/1934-7685

Stock No:

1MMREA2013002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

78

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