Myanmar economy could quadruple to US$200bil

YANGON: Myanmar has the potential to quadruple the value of its economy to US$200 billion by 2030 if it presses on with reforms, embraces technology and shifts away from agriculture, a study said.

The nation, whose economy was stifled by decades of corruption and mismanagement under the former junta, could add 10 million jobs and lift 18 million people out of poverty, according to consultants at the McKinsey Global Institute.