Myanmar’s Economy Severely Impacted by COVID-19: Report

Thursday, September 24, 2020 - 20:00

YANGON, June 25, 2020 – The global COVID-19 pandemic is dealing a severe blow to Myanmar’s economy. Economic growth in a baseline scenario is projected to drop from 6.8 percent in FY18/19 to just 0.5 percent in FY2019/20, according to the World Bank’s Myanmar Economic Monitor, released in June 2020.

The World Bank