World Bank: Myanmar healing years away

World Bank: Myanmar healing years away

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Some confident indications this year however pre-Covid levels may not be reached till 2027 or 2028 released : 27 Jun 2023 at 15: 43 A male crosses an nearly empty street throughout a “silent strike” to demonstration and mark the 2nd anniversary of the Myanmar military coup, in Yangon on Feb 1 this year. (Photo: AFP) The economy of Myanmar hasactually revealed some indications of stabilising in the veryfirst half of this year however it is notlikely to recuperate to pre-Covid levels upuntil 2027 or 2028, according to the World Bank. The healing is being hindered by a scarcity of foreign exchange, import limitations and power blackouts, the advancement loanprovider stated in its mostcurrent Myanmar nation report launched on Tuesday.  The service environment stays tough and lotsof companies are fin
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