1.

Record Nr.

UNINA9910165036203321

Titolo

Myanmar : : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Myanmar

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2017

ISBN

9781475574180

1475574185

9781475574241

147557424X

Descrizione fisica

1 online resource (76 pages) : color illustrations, tables, graphs

Collana

IMF Staff Country Reports

Disciplina

338.9591

Soggetti

Exports and Imports

Foreign Exchange

Inflation

Macroeconomics

Public Finance

Statistics

Debt

Debt Management

Sovereign Debt

International Lending and Debt Problems

Price Level

Deflation

Monetary Policy, Central Banking, and the Supply of Money and Credit: General

Data Collection and Data Estimation Methodology

Computer Programs: Other

Public finance & taxation

International economics

Currency

Foreign exchange

Monetary economics

Econometrics & economic statistics

Public debt

External debt

Exchange rates

Prices

Public financial management (PFM)



Debts, Public

Debts, External

Money supply

Finance, Public

Burma Economic policy

Burma Economic conditions

Myanmar

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Sommario/riassunto

This 2016 Article IV Consultation highlights that Myanmar’s economy grew broadly as expected in FY2015/16, at a healthy pace of 7.3 percent, despite massive floods during July–September 2015. Activity softened during the first half of FY2016/17, but is expected to recover in the second half on account of the resumption of construction in Yangon after a temporary halt for regulatory compliance purposes. The growth of agricultural production was softer than expected. The external environment has been weak owing to slowing demand from major trading partners and significant natural gas and other commodity price declines in 2015 and 2016. Macroeconomic imbalances persist, with continuing inflation pressure, an increased fiscal deficit, and a widening external current account deficit.