World Bank Predicts 1% Growth for Myanmar

World Bank Predicts 1% Growth for Myanmar

According to the World Bank, economic growth for Myanmar for the 2023-24 fiscal year will be 1%. Economic conditions have deteriorated in the past six months, even though some recovery was observed in the first half of 2023, the World Bank says. As macroeconomic...
Bago Flooding Deepens Crisis

Bago Flooding Deepens Crisis

Farmers in Myanmar’s second-largest rice-growing region, Bago, are seeing massive losses in yields due to the worst flooding to hit the region in six decades, raising concerns about mounting food security and dwindling export earnings in the coming months, rice...