IMF Staff Country Reports

Myanmar: Recent Economic Developments

April 26, 1997

Preview Citation

Format: Chicago

Myanmar: Recent Economic Developments, (USA: International Monetary Fund, 1997) accessed November 28, 2024

Summary

This paper reviews economic developments in Myanmar during 1992–96. There has been a strong recovery in output in response to reforms, with annual economic growth averaging about 8 percent during 1992/93–1995/96. The recovery has been driven by an increase in agricultural production and foreign investment, especially in tourism and extractive industries. Official estimates suggest that the economy grew by 9.8 percent in 1995/96. During 1992/93–1995/96, annual agricultural output rose by an average of about 8 percent per year.

Subject: Balance of payments, Economic sectors, Exports, Foreign direct investment, Foreign exchange, Imports, International trade, Public sector

Keywords: Asia and Pacific, Banking system, Capital expenditure, Central bank, CR, Debt service, Exchange rate, Exports, Foreign currency, Foreign direct investment, Free market, Imports, ISCR, Monetary policy, Public sector

Publication Details

  • Pages:

    120

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 1997/031

  • Stock No:

    1MMREA0011997

  • ISBN:

    9781451826678

  • ISSN:

    1934-7685

You May Also Be Interested In...

2024 Review Of The Fund’s Transparency Policy And Open Archives Policy—Background Paper 3 On Key Concepts And Supportive Analysis

November 25, 2024

2024 Review Of The Fund’s Transparency Policy And Open Archives Policy—Background Paper 2 On Consultations With Executive Directors, Country Authorities, Mission Chiefs, And Civil Society Organizations

November 25, 2024

Remittances in Times of Uncertainty: Understanding the Dynamics and Implications

November 22, 2024

Bilateral Trade in Services and Exchange Rates: Evidence of Dominant Currency Pricing

November 22, 2024