Myanmar economy to shrink by 5 per cent: World Bank


NAYPYIDAW (Eleven Media Group/ANN): A World Bank report outlines how the Covid-19 pandemic has dealt a severe blow to the Myanmar economy.

Myanmar Economic Monitor had projected Myanmar’s economy to grow at 6.8 per cent in the 2018-19 fiscal years but the rate is expected to decline to 0.5 per cent instead.

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Myanmar , World Bank , report , economy

   

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