Economic prospects
After moderating in FY2014, growth is forecast to accelerate to 8.3% in FY2015 and remain close to this pace in FY2016 as it is propelled by investment stimulated by structural reform, an improved business environment, and Myanmar’s gradual integration into the subregion of Southeast Asia.
Better prospects in neighboring India and Thailand - and further afield in the major industrial economies - support the outlook for Myanmar but are partly offset by a slowdown in the People’s Republic of China.