ECONOMIC GROWTH IN MYANMAR EASED TO 7 PERCENT IN 2015/16 DUE TO A SUPPLY SHOCK FROM HEAVY FLOODING, A SLOWDOWN IN NEW INVESTMENT FLOWS AND A MORE CHALLENGING EXTERNAL ENVIRONMENT. THE HEAVY FLOODS IN JULY 2015 AFFECTED SOME OF THE POOREST AND MOST VULNERABLE PEOPLE IN THE COUNTRY AND CAUSED INFLATIONARY PRESSURES. MEDIUM-TERM GROWTH IS CURRENTLY PROJECTED TO AVERAGE 8.2 PERCENT PER YEA