Myanmar-World Bank Group Partnership

Myanmar grew at an estimated 8.5 percent in real terms in 2014-15. Economic reforms have supported consumer and investor confidence despite business environment and socio-political challenges. The economic impact of the floods that hit Myanmar from July 2015 is still being assessed, but will likely adversely affect the main rice crop this year. According to preliminary analysis of census data, the areas most affected by the floods are those where people were relatively worse off. Fiscal policy is expected to remain broadly on track, but the current account will come under further pressure due to import demand for post-flood rehabilitation and slowing agricultural exports. Addressing short-term macroeconomic challenges will require continued efforts at maintaining exchange rate flexibility supported by fiscal and monetary discipline. Supporting governance improvements is a core focus of the World Bank Group (WBG) program. The WBG is well positioned to support the improvement of corporate governance standards in order to build confidence and facilitate investment in domestic firms.

Bibliographic Details

Main Author:	World Bank Group
Format:	Report biblioteca
Language:	English en_US
Published:	World Bank, Yangon 2016-02
Subjects:	TAX INCENTIVES, TARIFFS, EMPOWERMENT, ADVISORY SERVICES, BUSINESS OWNERS, FINANCIAL SERVICES, ECONOMIC GROWTH, VILLAGES, LAND ISSUES, FACILITATION, GENDER INEQUALITY, PEOPLE, CHAMBERS OF COMMERCE, FINANCING, FORMAL FINANCIAL INSTITUTIONS, VILLAGE, MINIMUM WAGE, INFORMATION TECHNOLOGY, INTEREST, EMPLOYMENT OPPORTUNITIES, PROPERTY RIGHTS, ECONOMIC DEVELOPMENTS, DEBT MANAGEMENT, BANKING SERVICES, ENTREPRENEURS, REVENUES, FISCAL POLICY, WELFARE, LENDING PORTFOLIO, ENDOWMENTS, ECONOMIC POLICY, LOAN, CAPACITY BUILDING, BENEFIT PAYMENT, LABOR FORCE PARTICIPATION, CORRUPTION, PAYMENTS, SAVING, LABOR FORCE SURVEY, INTERNATIONAL BANK, MICROFINANCE INSTITUTIONS, SMALL BUSINESS, INTERNATIONAL FINANCE, BANK OFFICIALS, LABOR MARKET, TECHNICAL ASSISTANCE, FINANCIAL NEEDS, AID EFFECTIVENESS, FINANCIAL INSTITUTION, JOB OPPORTUNITIES, ADVISORY WORK, CREDIT BUREAUS, UNION, PUBLIC FUNDS, LANDLESS HOUSEHOLDS, CURRENT ACCOUNT, ADVISORY SERVICE, FINANCES, EXCHANGE RATES, TAX EXEMPTIONS, INTEREST RATES, PAYMENT, FINANCIAL INSTITUTIONS, DEBT, PRIVATE INVESTMENT, LIMITED ACCESS, RECEIPTS, PROTECTION MEASURES, FINANCIAL VIABILITY, PUBLIC FINANCE, LAND RIGHTS, MICRO-ENTREPRENEURS, LENDERS, LAND OWNERSHIP, SOCIAL SECURITY, ECONOMIC REFORMS, LOANS, ENTERPRISES, FARMERS, APPROVAL PROCEDURES, SOCIAL DEVELOPMENT, FINANCIAL SYSTEM, FINANCE, PUBLIC INVESTMENT, BANKS, EXPENDITURE, EQUITY, GRANT, GENDER GAPS, CAPITAL, INTERNATIONAL BANKING, ECONOMIC RESOURCES, STUDENT, ACCESS TO CAPITAL, FAMILY, ACCESS TO FINANCE, GENDER, BANK, FOREIGN DIRECT INVESTMENT, CREDIT, FORMAL FINANCIAL SERVICES, FOREIGN INVESTMENT, UNIVERSAL ACCESS, SMALLHOLDER, FINANCIAL BURDEN, HOUSEHOLD, AGRICULTURAL SECTOR, ENTERPRISE, PROPERTY, SMALLHOLDER FARMERS, CREDIT REPORTING, JOB CREATION, TRADE FACILITATION, BLOCK GRANTS, INSTITUTIONAL CAPACITY, FINANCIAL ACCESS, NUTRITION, TRANSACTION COSTS, TRAINING CENTER, SMALL BUSINESS OWNERS, ACCESS TO MARKETS, DIVERSIFICATION, SOCIAL WELFARE, FINANCIAL INFRASTRUCTURE, MICROFINANCE, ECONOMIC DEVELOPMENT, ECONOMIC OPPORTUNITIES, SECURITY, INVESTMENT, EXTREME POVERTY, COMMERCIAL BANKS, HOUSEHOLDS, PUBLIC FACILITIES, ACCESS TO SERVICES, COLLATERAL, EQUALITY, AGRICULTURAL INCOMES, TARIFF, COST ESTIMATE, COOPERATION, PRIVATE INVESTORS, REVENUE, ECONOMIC ACTIVITIES, EARNINGS, STUDENTS, INVESTMENTS, RISK MANAGEMENT, TECHNICAL SUPPORT, EXCHANGE RATE, FAMILIES, WOMEN, OUTREACH, LABOR MARKETS, FINANCIAL SYSTEMS, ARREARS, PROPERTY OWNERSHIP, CROP FAILURES, GUARANTEE, DEVELOPMENT BANK, FINANCIAL SECTOR DEVELOPMENT, GENDER EQUALITY, PRIVATE ENTERPRISE, ECONOMIC SELF- RELIANCE, INEQUALITY, MFI,
Online Access:	http://documents.worldbank.org/curated/en/2016/02/25980656/myanmar-world-bank-group-partnership-country-program-snapshot https://hdl.handle.net/10986/24039
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