Myanmar and ADB
In the Spotlight
ADB Country Director in Myanmar Winfried Wicklein sees off youth representatives on an ADB-sponsored journey to the Greater Mekong Subregion and the 5th GMS Summit in Bangkok.
An old ADB road stands the test of time in Myanmar, while new road upgrades designed to benefit farming communities in the country’s Ayerwaddy Delta are in the planning stage.
The growth outlook for developing Asia and the Pacific remains steady, even though momentum slowed in the second half of 2014, but the declining oil prices represent a golden opportunity for many beneficial reforms, ADB says in a new report.
Ben Rolfe, Executive Secretary of the Asia-Pacific Leaders Malaria Alliance, discusses the significance of the historic agreement at the East Asia Summit in Nay Pyi Taw, Myanmar to eradicate malaria in Asia by 2030.
Economic growth in Myanmar accelerated in 2012, with recent growth supported by higher levels of investment propelled by improved business confidence, commodity exports, buoyant tourism, and credit growth. The economy is expected to post even higher growth in the year ahead.
ADB's interim country partnership strategy, 2012-2014, seeks to support the government in achieving sustainable and inclusive growth for job creation and poverty reduction.
61.65(2013) Population in millions
1.1%(2008-2013) Average annual population growth rate
25.6%(2010) Population living below the national poverty line