Myanmar: Second Review Under the Staff-Monitored Program
March 28, 2014
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This paper reviews Myanmar’s Second Review Under the Staff-Monitored Program IMF staff report. The IMF report highlights that the authorities are pursuing a wide range of economic reform program against a background of political liberalization. Growth has strengthened led by services. However, international reserves remain low, and inflation pressures are significant. It suggests that fiscal policy needs to continue balancing stability with development, while administrative reforms to boost revenue and public financial management need to be driven forward.
Subject: Arrears, Central banks, Exchange rates, External debt, Foreign exchange, International reserves, Public debt
Keywords: burden indicator, CR, economic reform agenda, Exchange rates, government, International reserves, ISCR, outlook, outlook arise, PFM reform plan, region government, union government
Pages:
38
Volume:
2014
DOI:
---
Issue:
091
Series:
Country Report No. 2014/091
Stock No:
1MMREA2014001
ISBN:
9781475514674
ISSN:
1934-7685
