Acknowledgements The 2017 Myanmar Living Conditions Survey (MLCS) is a large-scale multi-topic living conditions survey implemented by the Central Statistical Organization (CSO) of the Ministry of Planning and Finance (MOPF) Myanmar is considered a lower-middle income state, and although there are areas in the country that are lagging there have been measurable improvements in terms of development since 2005. World Bank released its Myanmar Economic Monitor report – Resilience Amidst Risk – on Tuesday in Nay Pyi Daw. Myanmar World Bank ii. 71. The MEM team is grateful to the Ministry of Planning and Finance, the Ministry of Commerce, and the Central Bank of Myanmar for their excellent collaboration. Representing 60 to 80 percent of total wood consumption in these nations, woodfuels often account for 50 to 90 percent of all energy used. 80. IDA is currently transitioning from the Non-Concessional Borrowing Policy (NCBP) to a new Sustainable Development Finance Policy (SDFP) that will come into force at the start of IDA19 (July 1, 2020). Myanmar is rich in natural resources and is a global biodiversity hotspot. Agricultural land (% of land area) - Myanmar from The World Bank: Data Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). World Bank's Greeting on the Peasants' Day. July 13, 2020 by thiha. MRTV Interview with Ms. Mariam Sherman, World Bank Country Director for Myanmar, Cambodia and Lao PDR. World Bank (2013) Woodfuels (firewood and charcoal) are the dominant energy source and the leading forest product for most developing countries. Our broad suite of investment services can ease poverty and spur long-term growth by promoting sustainable enterprises, encouraging entrepreneurship, and mobilizing resources that wouldn’t otherwise be available. Myanmar Disclaimer: The information below is applicable to fiscal year (FY) 2020. The World Bank Group in Myanmar Supporting a peaceful and prosperous future for all people. See All. Due to the conflict in the Rakhine area the World Bank Group (WBG) has increased its focus on social inclusion. Myanmar - Country Environmental Analysis : A Road towards Sustainability, Peace, and Prosperity : Synthesis Report (English) Abstract. Explore global projects that support economic growth, reduce poverty and improves people’s lives. According to the World Bank, Growth in Myanmar is expected to pick up to 6.4 percent in fiscal 2019-20 from 6.3pc in 2018-19 and 6.2 pc in 2017-18 as a result of the increasing government spending and private investments on infrastructure, transportation and communication. IFC continues to develop new financial products that enable companies to manage risk and broaden their access to foreign and domestic capital markets. The MEM is a product of the World Bank’s Myanmar office. Executive Summary .
World Bank’s Myanmar Economic Monitor 2020. With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. For more information: https://bit.ly/2Xbua70. Videos.

Learn more about … as well as information collected through the World Bank Group’s regular economic monitoring and policy dialogue. Find Out The World Bank's current strategy in Myanmar is to focus on rural development.