World Bank released its Myanmar Economic Monitor report – Resilience Amidst Risk – on Tuesday in Nay Pyi Daw. Myanmar A Medium-term economic outlook (forecast, 2019-23 average) GDP growth (percentage change): 7.0 Current account balance (% of GDP): -6.8 B Medium-term plan Period: 2017-21 Theme: Boost economic growth by encouraging investment in the public and private sectors to ensure higher local productivity through the process of industrialisation However, ongoing political tensions and elevated uncertainty over the trajectory of the pandemic cloud the outlook. YANGON—Despite a global economic slowdown, the latest World Bank report projects a positive outlook for Myanmar’s economy due to accelerated reform implementation, infrastructure spending and investment in and liberalization of sectors such as wholesale and retail, insurance and banking. Cambodia's economic growth is expected to moderate to 7% in 2019 compared to 7.5% in 2018due to global external pressures and slowing foreign direct investment. ... Myanmar P 12 Saudi Arabia P 25 Cambodia P 13 UAE P 26 India P 14 Australia P 27. This report is compiled with high-level update and summary of the market conditions and impactful economic highlights. According to the World Bank, Growth in Myanmar is expected to pick up to 6.4 percent in fiscal 2019-20 from 6.3pc in 2018-19 and 6.2 pc in 2017-18 as a result of the increasing government spending and private investments on infrastructure, transportation and communication. Myanmar’s macroeconomic performance improved in 2018 as recovery in the agriculture sector, rising oil and gas prices, and substantial growth in several manufacturing segments helped the country regain positive momentum. Despite a challenging global environment, Myanmar's economic growth is expected to rise to 6.5 percent in 2018/19 from 6.4 percent in the Transition Period1 supported by strong performance in the manufacturing and services sectors. Economic Outlook Report 2019 03 Dear our valued clients, We are very pleased to release the Economic Outlook Report 2019 to you. By Nan Lwin 18 June 2019 . In the April 2019 elections, the odds are … Myanmar Economic Growth The economy is expected to grow at the slowest pace on record this year, before growth picks up solidly in 2021 on the back of strengthening clothing and natural gas exports and stable agricultural production. The close grasp of the state on the economy is easing and the country is moving from a centrally-directed economy to a market-oriented one. Contents Cambodian exports continued to exhibit firm growth in the first seven months of 2019, with growth reaching 21%YOY. Yet, exports to the EU, Cambodia's largest trading partner, Myanmar is in the middle of an economic transition. 0 10 20 30 40 ... the economy. It is a part of our constant endeavors to provide valuable insights to our clients. ASIAN DEVELOPMENT OUTLOOK 2019 Strengthening Disaster Resilience Asian Development Outlook 2019 Strengthening Disaster Resilience The annual Asian Development Outlook, now in its 30th year, analyzes economic performance in the past year and forecasts performance in the next 2 years for the 45 economies in Asia and the Pacific that make up Myanmar: A Political Economy Analysis Kristian Stokke, Roman Vakulchuk, Indra Øverland Report commissioned by the Norwegian Ministry of Foreign Affairs 2018. Abstract Myanmar's economy is slowly picking up speed and regaining stability after a volatile 2018. 2015 saw the easing of sanctions and introduction of economic reform that have, in turn, spurred dramatic economic growth. After being declared the World’s Fastest Growing Economy by the IMF in the 2016 World Economic Outlook, Myanmar’s economy has … Myanmar is now in turmoil after the military staged a coup against the ruling National League for Democracy (NLD) and detained its leader, Aung San Suu Kyi, over unsubstantiated allegations of fraud in the election held in November 2020. 2019 Economic Outlook for Major Emerging Market (EM) Countries Mizuho Economic Outlook & Analysis.