Myanmar economy to grow 3% as recovery lags: World Bank

Prepandemic activity unlikely to return soon despite weaker-than-expected COVID hit

20220721N myanmar market

Myanmar's foreign-currency shortages will limit supplies of such imports as fuel and cooking oils, the World Bank says.

Nikkei staff writers

BANGKOK -- Myanmar's economy is expected to grow 3% in the fiscal year ending September, the World Bank said Thursday, underscoring a weak recovery from the previous year's sharp contraction.

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