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Myanmar: 2013 Article IV Consultation and First Review Under the Staff-Monitored Program

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  • International Monetary Fund

Abstract

This 2013 Article IV Consultation highlights that recent economic developments in Myanmar have been positive. Growth is estimated to have risen to 6½ percent in FY2012/13 (April–May), driven by gas production, construction and services while inflation climbed to 4.7 percent in March 2013. The external current account deficit is estimated to have widened to about 4½ percent of GDP in FY2012/13, but to have been largely financed by foreign direct investment. The economic outlook remains favorable. Growth is expected to accelerate slightly in FY2013/14, led by rising gas production and investment, including in the transport and telecommunications sectors, and a recovery in agriculture.

Suggested Citation

  • International Monetary Fund, 2013. "Myanmar: 2013 Article IV Consultation and First Review Under the Staff-Monitored Program," IMF Staff Country Reports 2013/250, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2013/250
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=40853
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    Citations

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    Cited by:

    1. Masahiro Kawai & Peter J. Morgan, 2014. "Regional financial regulation in Asia," Chapters, in: Masahiro Kawai & Peter J. Morgan & Pradumna B. Rana (ed.), New Global Economic Architecture, chapter 6, pages 112-147, Edward Elgar Publishing.
    2. World Bank, 2015. "Realigning the Union Budget to Myanmar’s Development Priorities," World Bank Publications - Reports 24068, The World Bank Group.
    3. Kubo, Koji, 2014. "Deposit dollarization in Myanmar," IDE Discussion Papers 473, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    4. Hendrix, Cullen & Noland, Marcus, 2015. "Myanmar: Cross-Cutting Governance Challenges," ADB Economics Working Paper Series 428, Asian Development Bank.
    5. Ronald Findlay & Cyn-Young Park & Jean-Pierre A. Verbiest, 2016. "Myanmar: building economic foundations," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 30(1), pages 42-64, May.

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