Asian Development Outlook 2008 -- Myanmar

Description: 

"Modest rates of growth in recent years have been based on high prices for natural gas exports, heavy public expenditures, and an improving agricultural performance. However, macroeconomic stability is vulnerable to fiscal deficits that are financed through money creation, in turn prompting double-digit inflation. The Government has taken tentative steps toward a more market-oriented system in agriculture and finance, and should build on these reforms."

Source/publisher: 

Asian Development Bank (ADB)

Date of Publication: 

2008-03-00

Date of entry: 

2008-04-02

Grouping: 

  • Individual Documents

Category: 

Language: 

English

Format: 

Size: 

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