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Following the military takeover of February 2021, the World Bank paused disbursements and new financing commitments from the International Development Association (IDA) in accordance with its ...
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Tuko News on MSNMarch quake to drive 2.5% drop in Myanmar GDP, says World BankMyanmar's economy is set to shrink 2.5 percent in the 2025/26 financial year, largely as a result of March's devastating magnitude-7.7 earthquake, the World Bank said on Thursday. A World Bank report ...
Myanmar's beleaguered economy is expected to contract by 2.5 percent in the 2025/26 fiscal year largely due to the devastating impact of a powerful earthquake in late March, the World Bank said in a ...
The World Bank expects Myanmar’s economy to contract in the current fiscal year, as elevated inflation, a slumping currency, and electricity and labor shortages further pressure a war-torn nation.
Myanmar’s economy is headed for its worst performance since the pandemic as the strife-torn country reels from the impact of a devastating earthquake in March that’s estimated to have caused ...
ADB President Masato Kanda said the $100 million in relief aid – the ADB’s largest single grant to Myanmar, “will deliver ...
The World Bank has raised alarm over the growing impact of conflict and instability on 39 developing economies, including Nigeria, ...
YANGON: Following the political changes, Myanmar has re-entered the list of the world's most corrupt countries in the ...
Myanmar's economy is set to shrink 2.5 percent in the 2025/26 financial year, largely as a result of March's devastating magnitude-7.7 earthquake, the World Bank said on Thursday.
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