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Myanmar's economy to shrink

Myanmar's economy set to contract as floods and fighting take heavy toll, the World Bank says

The World Bank forecasts that Myanmar's economy will contract this year, as flooding and fighting take a severe toll nearly four years after the military ousted its government headed by Aung San Suu K

The Diplomat · 8h

Myanmar Economy to Shrink Further in 2025, World Bank Says

Myanmar’s GDP is expected to contract by 1 percent in the fiscal year ending March 2025, a downward revision from the previous projection of modest growth.

Hosted on MSN · 1d

Myanmar's economy to shrink as floods compound crisis, says World Bank

Myanmar's economy is expected to shrink by 1% in the current fiscal year, the World Bank said on Wednesday, sharply downgrading its economic forecast as severe floods compounded the challenges facing the conflict-torn country.

Bloomberg L.P. · 1d

World Bank Sees Myanmar Economy Shrinking as Civil War Rages On

The World Bank expects Myanmar’s economy to contract in the current fiscal year, as elevated inflation, a slumping currency, and electricity and labor shortages further pressure a war-torn nation.

5hon MSN

UN drug experts say opium production has leveled off in Myanmar, but instability may trigger a rise

U.N. experts say there has been a slight drop in the production of opium in Myanmar, the world’s biggest source of the ...

Myanmar Opium Harvest Drops For First Time Since Coup: UN

Opium production in Myanmar has fallen for the first time since a military coup in 2021, the UN said Thursday, but the country remains the world's biggest producer of the narcotic.

The Irrawaddy17h

World Bank Warns of Worsening Economic Crisis for Junta-Ruled Myanmar

This had resulted in food insecurity and sharp price rises. The natural disaster and ongoing conflict have dealt a severe ...

Nikkei Asia9h

Myanmar leads world in opium output as economy founders: U.N.

BANGKOK -- Myanmar has cemented its position as the world's leading source of opium after three seasons of revived cultivation since the military seized power, sinking the economy and rekindling civil ...

EFE9h

Myanmar continues to lead global opium production despite 2024 decline

Myanmar’s opium production reaches 995 tonnes in 2024, keeping it as the global leader while Afghan output continues to lag.

United Nations Office on Drugs and Crime13h

Myanmar remains the world’s leading source of opium and heroin

Bangkok (Thailand), 12 December 2024 – Opium cultivation in Myanmar remains at high levels after three years of growth, the ...

Armed robbery in Revesby1d

Myanmar Economy Struggles Amid Multiple Crises

Natural disasters, ongoing conflict, and widespread shortages of basic commodities have hit Myanmar's economy hard, while ...

Nikkei Asia14h

Myanmar leads the world in opium production as economy founders, U.N. says

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