Description:
"High prices for natural gas exports continued to support modest rates of growth in FY2007. Inflation
remained at around 30%, largely the result of money creation to finance fiscal deficits. Recovery and
reconstruction after Cyclone Nargis, which inflicted severe human loss and economic damage in May
2008, will take at least 3 years. Economic growth will be diminished this year by weaker performance of
Myanmar?s major trading partners..."
Source/publisher:
Asian Development Bank (ADB)
Date of Publication:
2009-04-17
Date of entry:
2009-04-17
Grouping:
- Individual Documents
Category:
Language:
English