On March 12, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Myanmar. Myanmar’s economy stabilized in 2016/17. The new government saw a challenging first year with lower-than-expected growth of 5.9 percent in 2016/17 mainly due to weak agriculture production and exports, and temporary suspension of some construction projects in Yangon.
Executive Directors welcomed the rebound in Myanmar’s economy and its favourable long‑term growth prospects.
