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 ...

YANGON, June 12, 2025 — Myanmar has been severely impacted by the March earthquake, and the economic aftershocks are compounding ongoing challenges faced by firms and households, according to a new ...

ADB President Masato Kanda said the $100 million in relief aid – the ADB’s largest single grant to Myanmar, “will deliver ...

The poverty rate may climb 2.8 percentage points from an already high ratio of 31% last year, according to the World Bank. Myanmar’s budget deficit is seen widening to 6.9% by the end of March ...

The World Bank has raised alarm over the growing impact of conflict and instability on 39 developing economies, including Nigeria, ...

According to Myanmar’s ruling junta, the death toll has topped 3,700. World Bank division director for Thailand and Myanmar Melinda Good said in a statement: “The earthquake caused significant ...

The United Nations Special Envoy for Myanmar, Julie Bishop, has warned the General Assembly that Myanmar is on the “path to self-destruction” as the country grapples with the aftermath of the March 28 ...

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 ...

Myanmar’s budget deficit is seen widening to 6.9% by the end of March next year, up from 5.1% a year earlier with much of the deficit funding coming from the central bank, the report said.

Even for a legitimate, internationally recognised government the prospects for recovery would be bleak after the quake, which ...

[NAYPYIDAW] 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 ...