Publication: Myanmar Economic Monitor, October 2013
Date
2013-10
ISSN
Published
2013-10
Author(s)
World Bank
Abstract
This economic update provides an
overview for 2012 and 2013 in Myanmar, years during which
the economy continued to accelerate. The main drivers of
growth were increased gas production, services,
construction, foreign direct investment, and strong
commodity exports. Inflation has been on the rise in recent
months, but the outlook is positive with the economy
projected to grow more. This will be on account of a
continued increase in gas production, increased trade, and
stronger performance in agriculture. Risks to the outlook
include the challenge of maintaining the reform momentum.
Externally, a slowdown in Chinese domestic investment and a
decline in global commodity prices would hurt commodity
exporting countries such as Myanmar. The policy watch
section presents a number of planned or recently implemented
policy reforms which reflect the country's continuing
drive to improve the business environment. A special feature
article presents a summary of findings from a recent
assessment of Myanmar s Public Financial Management (PFM).
Citation
“World Bank. 2013. Myanmar Economic Monitor, October 2013. © Washington, DC. http://openknowledge.worldbank.org/handle/10986/16631 License: CC BY 3.0 IGO.”