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31 Jan 23
Continuing conflict and the global economic downturn will compress already slow growth in Myanmar, economists at the World Bank have said.
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25 Jul 22
The dual impact of Covid-19 and last year’s military coup in Myanmar has reversed a decade of poverty reduction and pushed more people into destitution, World Bank economists have said.
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23 Feb 22
The European Union has strengthened sanctions against Myanmar, including freezing the assets of a state-owned gas company, following a military coup last year.
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28 Jan 22
The military coup and ongoing disruption from the omicron variant of Covid-19 will see Myanmar’s economy remain weak in 2022, according to the World Bank Group.
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27 Jan 22
Sudan is looking to gold exports and higher taxes to pay for importing essential goods in this year’s budget, after international donors cut their help for the north African country following a...
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27 Oct 21
A military coup in Sudan has led to the US withdrawing significant amounts of aid, with the European Union reviewing its position.
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27 Jul 21
Myanmar’s economy could be 30% worse off due to the impact of political turmoil and Covid-19 on development progress, according to the World Bank Group.
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5 May 21
The pandemic and the political crisis in Myanmar are threatening to bring the country to the point of economic collapse, reversing more than a decade of human development gains, the United Nations...