Myanmar's economic woes due to gross mismanagement since coup - U.S. official

FILE PHOTO: Myanmar soldiers walk along a street during a protest against the military coup in Yangon, Myanmar, February 28, 2021. REUTERS/Stringer

SINGAPORE (Reuters) - Myanmar's economic turmoil is due to political instability and mismanagement following a February coup, a U.S. official said on Wednesday after a junta minister blamed the crisis partly on foreign backers of its opponents.

The military government's investment minister attributed Myanmar's economic troubles to sabotage by opponents of the junta and their overseas backers in an exclusive interview with Reuters on Tuesday.