Fiscal Balance in Myanmar
Myanmar - Fiscal BalanceEconomic momentum seems to have picked up in 2019, after markedly slowing last year owing to flooding in mid-2018, which hampered agricultural production, and lower government expenditure in efforts to close the fiscal shortfall. In January–April, the manufacturing sector’s operating conditions significantly improved from a weak H2 2018—which was induced by increased cost pressures and exchange rate volatility—while output and new orders growth strengthened in April. Although employment in the sector grew only marginally in April, domestic demand should have firmed up on softer inflation and a stronger kyat in the first quarter. Ongoing reform efforts since the start of the year should further strengthen the domestic side of the economy.
Myanmar - Fiscal Balance Data
|Fiscal Balance (% of GDP)||-1.3||-0.9||-4.4||-2.5||-3.5|
5 years of economic forecasts for more than 30 economic indicators.
Myanmar Fiscal Balance Chart
|Bond Yield||13.00||0.0 %||Mar 15|
|Exchange Rate||1,538||0.0 %||May 13|
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.