Description:
"Market-based reforms and the opening up of trade and investment initiated over the past four years have had a
positive impact on growth in Myanmar. These have enhanced private sector participation and increased the role of
exports in the economy. Reforms have included streamlined business entry procedures, reduced export and import
licensing requirements, and enhanced public-private partnerships and dialogue.
Promoting private sector competitiveness and inclusion in Myanmar have enormous potential to drive job creation,
economic diversification, and structural transformation. This would involve improving the investment climate with
an emphasis on transparency and predictability; reducing trade costs and strengthening connectivity for economic
integration; enhancing public-private partnerships; and strengthening institutional capacity to drive the reform pro
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cess. The ongoing peace process calls for careful sequencing of reforms, starting with reducing the costs of doing
business and engaging in trade; consulting with local communities; and supporting vulnerable groups adversely
affected by economic changes..."
Source/publisher:
World Bank
Date of Publication:
2016-01-01
Date of entry:
2016-03-13
Grouping:
- Individual Documents
Category:
Language:
English, Burmese (မြန်မာဘာသာ)
Local URL:
Format:
pdf pdf
Size:
1.19 MB 1.63 MB