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Myanmar

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Southeast Asia Department (SERD)
6 ADB Avenue, Mandaluyong
City, Philippines 1550

Tel: + 632 632 4444
Fax: + 632 636 2444
serd@adb.org

Myanmar
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Asian Development Outlook 2009

Weaker Performance of Major Trading Partners to Slow Growth

High prices for natural gas exports continued to support modest rates of growth in FY2007. Inflation remained at around 30%, largely the result of money creation to finance fiscal deficits. Recovery and reconstruction after Cyclone Nargis, which inflicted severe human loss and economic damage in May 2008, will take at least 3 years. Economic growth will be diminished this year by weaker performance of Myanmar’s major trading partners.

Reports
Myanmar and ADB
There has been no direct assistance to Myanmar in over 20 years. The ADB, however, continues to monitor economic developments in Myanmar and an operational strategy will be formulated when appropriate.

Learn more about ADB's partnership with Myanmar [ PDF ]

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What's New
Projects
Oil and Gas Development (Technical Assistance)
Institutional Strengthening within the Ministry of Energy(Technical Assistance)
Publications
Tourism Sector in the Greater Mekong Subregion (Awareness Raising and Multimedia)
Headquarters: 6 ADB Avenue, Mandaluyong City 1550 Metro Manila, Philippines
Tel: + 632 632 4444 | Fax: + 632 636 2444 | Email: information@adb.org
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