Fiscal Balance in Myanmar
Myanmar - Fiscal BalanceThe economy has likely continued to perform well so far this year after growth remained robust during the interim fiscal year period from April through September last year. Government reform efforts have seemingly come to fruition: Foreign investment nearly doubled in the first six months of this year compared to the first six months of last year, and the opening up of the insurance sector—which is a largely untapped market—should continue to boost foreign capital inflows. Furthermore, growth in the manufacturing sector remained robust in July, despite the manufacturing PMI easing to a four-month low amid softer new orders growth and reduced purchasing activity. In the same month, employment in the sector continued to rise, which bodes well for household consumption ahead.
Myanmar - Fiscal Balance Data
|Fiscal Balance (% of GDP)||-1.7||-1.3||-2.8||-3.5||-2.6|
5 years of economic forecasts for more than 30 economic indicators.
Myanmar Fiscal Balance Chart
|Bond Yield||16.00||0.0 %||Jul 15|
|Exchange Rate||1,532||0.0 %||Sep 04|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.