Myanmar : 2017 Article IV Consultation - Press Release; Staff Report; and Statement by the Executive Director for Myanmar

The economy is rebounding and macroeconomic imbalances have stabilized. The global recovery has supported a rebound in exports and continued strong FDI inflows. However, the recovery has been moderately weaker than anticipated and downside risks have increased. Latent banking sector risks are surfac...

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Corporate Author: International Monetary Fund Asia and Pacific Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2018, 2018
Series:IMF Staff Country Reports; Country Report
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Summary:The economy is rebounding and macroeconomic imbalances have stabilized. The global recovery has supported a rebound in exports and continued strong FDI inflows. However, the recovery has been moderately weaker than anticipated and downside risks have increased. Latent banking sector risks are surfacing, following a period of strong credit growth and as banks adjust to updated prudential financial regulations. The humanitarian crisis in northern Rakhine state has created uncertainty over development partner finance and foreign investor sentiment. While direct economic impacts have been largely localized, the social costs and full impacts of the crisis are yet unfolding
Physical Description:76 p.
ISBN:1484349172
9781484349175