Regional Outlook, Global Perspective

MYANMAR-WEEK IN REVIEW: SILVER LINING FOR COUNTRY’S FISCAL WOES?

MYANMAR-WEEK IN REVIEW: SILVER LINING FOR COUNTRY’S FISCAL WOES?
Traditional market by the railroad tracks in Yangon.  Wikimedia Commons

The Myanmar Times-Sept 28

The state of the country’s economy has dominated this week’s news, but economists and businessmen have pointed to a few sectors that could boost faltering economic growth due to high inflation and the tumbling kyat.  First on the list of the bright spots is the banking sector. U Than Lwin, adviser to KBZ Bank and former deputy governor of Central Bank Myanmar, noted that the banking sector’s performance would improve dramatically this year as a result of an increase in the number of bank account holders and people using different banking services.

Read more at: https://www.mmtimes.com/news/week-review-silver-lining-countrys-fiscal-woes.html

First published in: The Myanmar Times

 

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