Myanmar: Recent Economic Developments

International Monetary Fund

No 1995/126, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper reviews economic developments in Myanmar during 1990–95. The rapid economic growth of 1992/93–1994/95, which averaged more than 7 percent per year, has allowed the economy to recoup much of what it lost in 1988/89 and 1991/92. However, on a per capita basis, neither GDP nor agricultural output has yet recovered to the levels reached in the mid-1980s. The strong GDP growth achieved in 1994/95 essentially reflected continued good performance of the agricultural sector and a further rapid expansion of the financial sector.

Keywords: ISCR; CR; capital expenditure; balance of payments; exchange rate; Myanma authority; Myanma authorities; foreign exchange; state enterprise; debt service; Agricultural commodities; Public sector; Exports; Imports; Asia and Pacific; Middle East; East Africa; Central Africa (search for similar items in EconPapers)
Pages: 112
Date: 1995-12-01
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