Myanmar: The gradual liberalization process boosts growth, but risks remain high

12/1/2014 - Report
ic_blogtagMyanmarBusiness ClimateCountry RiskCurrent AccountGross Domestic Product (GDP)Growth
Recent reforms allowed strong economic growth but income level remain very low Inflation is set to remain above 6%.

Debt write off and increasing revenues helped public finance improve. A current account financed by large inflows of foreign direct investment.

The role of the Central Bank needs to be strenghtened and better defined to enhance macro-stability. The political situation remains fragile

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Myanmar: The gradual liberalization process boosts growth, but risks remain high - Report