Fiscal Balance in Myanmar

Myanmar Fiscal Balance | Economic News & Forecasts

Myanmar - Fiscal Balance

Economic 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

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-1.3  -0.9  -4.4  -2.5  -3.5  

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Myanmar Fiscal Balance Chart


Myanmar Fiscal
Note: Fiscal balance as % of GDP.
Source: IMF.

Myanmar Facts

ValueChangeDate
Bond Yield13.000.0 %Mar 15
Exchange Rate1,5380.0 %May 13

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