On the external front, agriculture exports are suffering from plummeting foreign demand, … The wholesale and retail sector is becoming a major driving force of the economy, and the financial and manufacturing sectors are undergoing liberalisation and diversification. Source: www.mopfi.gov.mm(Myanmar Digital Economy Road Map) Myanmar is currently on the route of Digital Economy Road Map 2018-2025 which aims to promote the Myanmar digitization process toward a digital economy across all sectors for inclusive and sustainable socio-economic … The economy is currently reeling from the Covid-19 fallout. Economic indicators for Myanmar Myanmar's GDP growth is expected at 1.8% in 2020 and 6% in 2021 – Source: ADOS 2020 (June 2020) Myanmar's inflation rates forecasted at 6% in 2020 and 6% in 2021 – Source: ADOS 2020 (June 2020) Prior to the COVID-19 Pandemic economic growth in Myanmar was projected to increase to 6.7 percent in 2021/22 after picking up to 6.3 percent in 2019/20 and 6.4 percent in 2020/21. Executive Summary . We have lowered our GDP growth forecast to 3% this year in the light of the pandemic; … The Myanmar economy is projected to grow by 6.6 percent in 2020, according to the World Bank, a tad higher than its 6.5pc projection for this year. Manufacturing activity deteriorated at the fastest pace on record in April, as output, new orders and employment all sank at record rates, amid suspended business operations as a result of the pandemic. World Bank’s Myanmar Economic Monitor 2020. Myanmar economy; Myanmar foreign investment; COVID-19 In Asia C. July 10, 2020 ... July 15, 2020 India’s Economic Growth Is Central to a Successful Free and Open Indo-Pacific July 13, 2020 by thiha. Myanmar Economy Research & Analysis 2020 | Oxford Business Group Myanmar Economic Outlook. Ongoing conflicts in Rakhine state will hinder efforts to repatriate Rohingya refugees and continue to prompt criticism from Western governments. May 26, 2020. However, Economic growth is expected to instead decline sharply in 2019/20 to 2.0 to 3.0 percent due to direct and indirect impacts of the COVID-19 pandemic. Economic growth is expected to further increase to 6.7pc in 2021 and 6.8pc in 2022. We expect the National League for Democracy (NLD) to win the 2020 parliamentary election scheduled for November, barring delays amid the coronavirus outbreak.