Myanmar's economy to shrink as floods compound crisis, says World Bank

UN concerned over increased fighting in Myanmar

UNITED NATIONS: UN Secretary-General Antonio Guterres is concerned about an escalation of fighting in Myanmar, his spokesman said on Thursday, amid clashes between security forces and ethnic armed groups. © New Straits Times Press (M) Bhd

Myanmar Economy to Shrink Further in 2025, World Bank Says

Myanmar’s GDP is expected to contract by 1 percent in the fiscal year ending March 2025, a downward revision from the previous projection of modest growth.

World Bank predicts Myanmar's economy to contract this year

The war-torn nation of Myanmar is already struggling under the weight of high inflation, a falling currency, and power and labour shortages. The World Bank predicts that the country's gross domestic product will contract this fiscal year.

Myanmar’s Civil War Is Heading Toward Stalemate, Not Regime Change

Myanmar’s civil war has shifted dramatically. But the potential for the military junta’s collapse has been overstated. The post Myanmar’s Civil War Is Heading Toward Stalemate, Not Regime Change appeared first on World Politics Review.

Myanmar's economy set to contract as floods and fighting take heavy toll, the World Bank says

Myanmar’s economy is forecast to contract this year, the World Bank said Wednesday, as flooding and fighting take a severe toll nearly four years after the military ousted its elected government headed by Aung San Suu Kyi.

World Bank sees Myanmar economy shrinking as civil war rages on

The World Bank expects Myanmar’s economy to contract in the current fiscal year, as elevated inflation, a slumping currency, and electricity and labour shortages further pressure a war-torn nation.