YANGON, Dec. 16 (Xinhua) -- The World Bank forecast Myanmar's economy to remain subdued at 2 percent in present fiscal year FY 2020-2021 which started in October, according to Myanmar Economic Monitor report launched on Wednesday.
The World Bank also forecast that Myanmar's economic growth may slowly recover to 7 percent on average with positive medium-term outlook, supported by public investment, resurgence in manufacturing and productivity gains associated with the adoption of digital technology.
