Stable Growth Outlook for Developing Asia

Developing Asia’s outlook remains on track despite slower-than-expected first-quarter growth in the United States. Read More

ADB, Japan Projects to Improve Lives, Incomes of Poor Myanmar Communities

Three grant projects to improve the lives and health of poor and vulnerable communities in Myanmar are set for rapid implementation following the signing of financing agreements between the Ministry of Finance and ADB. The projects are being financed by the Japan Fund for Poverty Reduction. Read More

Regional Investment Framework Pipeline of Potential Projects (2013-2022)

The Greater Mekong Subregion Regional Investment Framework covers a wide range of sectors including transport, energy, environment, agriculture, human resource development, information and communication technology, tourism, transport and trade facilitation, and urban development. Read More

Small-scale Solutions for Asia's Sanitation Problems

No matter how poor a community may be, technological and financial solutions are available for it to benefit from modern sanitation practices. Read More

Overview

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.

Fast Facts

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

ADB Lending

Amount ($M) / %
Sector (No. of loans)
316.10 / 27.10
Agriculture (15)
 
86.80 / 7.44
Energy (5)
 
20.00 / 1.71
Finance (2)
 
63.10 / 5.41
Health (2)
 
26.40 / 2.26
Industry and Trade (3)
 
575.50 / 49.34
Public Sector (1)
 
42.50 / 3.64
Transport and ICT (2)
 
35.96 / 3.08
Water Supply (4)
 
1,166.36 / 100.00
TOTAL (34)
Cumulative as of 31 December 2013