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 ...

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. A World Bank report ...

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.

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 ...

(Reuters) - Myanmar's economy is expected to shrink by 1% in the current fiscal year, the World Bank said on Wednesday, sharply downgrading its economic forecast as severe floods compounded the ...

Nearly three months after Myanmar’s strongest earthquake in a century, more than six million people remain in urgent need of ...

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 ...

Myanmar's junta and anti-coup guerillas battled over the country's jade mining hub Friday, a combatant and a local said, ...

BANGKOK (AP) — Myanmar’s economy is forecast to contract this year, the World Bank said Wednesday, as flooding and fighting take a severe toll nearly four years… ...

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.