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Myanmar GDP growth to rebound despite Rakhine crisis

IMF sees strong FDI as government readies 'second wave' of economic reforms

Commuters from Dala township arrive in downtown Yangon on the morning ferry. (Photo by Steve Gilmore)

YANGON -- Myanmar's economy is set to recover despite a humanitarian crisis in Rakhine State, while the ruling National League for Democracy -- two years after it won its historic election victory -- finally prepares a comprehensive plan for economic development.

Sean Turnell, special economic consultant to State Counselor Aung San Suu Kyi, told the Nikkei Asian Review that as part of the new economy-wide strategy, a second wave of reforms designed to drive growth will be announced soon.

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