Economics
World Bank Says Myanmar Economy Remains Fragile as Prices Soar
- Return to pre-pandemic activity seen unlikely in near term
- BOP situation a growing concern on signs of dollar shortages
A member of the Myanmar security forces sits along a street in Yangon on July 19.
Source: AFP/Getty Images
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The outlook for Myanmar’s economy remains weak as surging inflation, dollar shortages and lingering domestic conflict pose challenges to its pandemic recovery, according to the World Bank.