ADB's Work in Myanmar
Shareholding and Voting Power
Number of shares held:
57,810 (0.543% of total shares)
96,924 (0.729% of total membership, 1.119% of total regional membership)
Overall capital subscription:
Paid-in capital subscription:
Following steady growth over recent years, Myanmar’s economy decelerated in the 2020 financial year due to containment measures related to the coronavirus disease (COVID-19) that disrupted business operations, constrained production, reduced consumption, slowed investment, and deterred trade. The pandemic caused loss of income, particularly among the poor and vulnerable groups of the population, and weighed heavily on the country’s poverty reduction efforts. Achieving political stability, maintaining fiscal sustainability, and controlling the pandemic will be critical for getting Myanmar’s economy back on track.
Since reengaging with Myanmar in 2012, the Asian Development Bank (ADB) supported the country’s national strategies and priority programs in collaboration with other development partners.
The Yangon-Mandalay Highway is considered the best road in Myanmar.