Myanmar : 2015 article IV consultation: press release: staff report: and statement by the Executive Director for Myanmar.

Saved in:
Bibliographic Details
Imprint:Washington, D.C. : International Monetary Fund, ©2015.
Description:1 online resource (79 pages) : color illustrations.
Language:English
Series:IMF country report ; no. 15/267
IMF country report ; no. 15/267.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12504717
Hidden Bibliographic Details
Varying Form of Title:Myanmar, 2015 article IV consultation
2015 article IV consultation: press release: staff report: and statement by the Executive Director for Myanmar
Other authors / contributors:International Monetary Fund.
ISBN:1513509977
9781513509976
ISSN:1934-7685
Notes:"September 2015."
Includes bibliographical references.
Online resource; title from pdf title page (IMF Web site, viewed September 22, 2015).
Summary:Myanmar is undergoing a historical political transition, with its first general elections since the start of reforms scheduled on November 8, 2015. Meanwhile, negotiations with armed ethnic groups to reach a final ceasefire agreement are continuing against a tight deadline before the elections. Favorable outcomes on these two fronts would pave the way for greater political and social stability and underpin continued economic transition.
Standard no.:10.5089/9781513509976.002
Description
Summary:This 2015 Article IV Consultation highlights that Myanmar's economic growth remains strong, but macroeconomic imbalances have increased significantly over the past year. Real GDP growth for FY2014/15 (April-March) is estimated to have reached 8.5 percent. The fiscal deficit increased to 3 percent of GDP in FY2014/15, while credit to the private sector continued to grow strongly at 35 percent (year over year) in March, albeit lower than in FY2013/14. The current account deficit widened to more than 6 percent of GDP, largely reflecting a rapidly rising trade deficit. The Myanmar economy is set for strong growth in 2015 amid signs of overheating. The economy is expected to grow by 8.5 percent, reflecting strong growth momentum and expansionary macroeconomic policies.
Item Description:"September 2015."
Physical Description:1 online resource (79 pages) : color illustrations.
Bibliography:Includes bibliographical references.
ISBN:1513509977
9781513509976
ISSN:1934-7685