Myanmar: Recent Economic Developments

December 1, 1995

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Myanmar: Recent Economic Developments, (USA: International Monetary Fund, 1995) accessed January 4, 2025

Summary

This paper reviews economic developments in Myanmar during 1990–95. The rapid economic growth of 1992/93–1994/95, which averaged more than 7 percent per year, has allowed the economy to recoup much of what it lost in 1988/89 and 1991/92. However, on a per capita basis, neither GDP nor agricultural output has yet recovered to the levels reached in the mid-1980s. The strong GDP growth achieved in 1994/95 essentially reflected continued good performance of the agricultural sector and a further rapid expansion of the financial sector.

Subject: Agricultural commodities, Commodities, Economic sectors, Exports, Foreign exchange, Imports, International trade, Public sector

Keywords: Agricultural commodities, Asia and Pacific, Balance of payments, Capital expenditure, Central Africa, CR, Debt service, East Africa, Exchange rate, Exports, Foreign exchange, Imports, ISCR, Middle East, Myanma authorities, Myanma authority, Public sector, State enterprise

Publication Details

Pages:

112
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1995/126
Stock No:

1MMREA0011995
ISBN:

9781451826661
ISSN:

1934-7685

Notes

This report on recent economic developments in Myanmar was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. As such, the views expressed in this document are those of the staff team and do not necessarily reflect the views of the Government of Myanmar, or the Executive Board of the IMF.

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