A changing Myanmar means more growth

Global Business

A changing Myanmar means more growth.00_02_01_02.Still004

Much has changed in Myanmar since its democratic transition to an elected civilian government in 2011. The government has pushed forward economic and political reforms that have had an impact on the country.

As growth continues at a steady pace, many are benefiting from the recent developments. However, plenty of challenges remain. CCTV’s Michal Bardavid filed this report.

A changing Myanmar means more growth

A changing Myanmar means more growth

Much has changed in Myanmar since its democratic transition to an elected civilian government in 2011. The government has pushed forward economic and political reforms that have had an impact on the country. As growth continues at a steady pace, many are benefiting from the recent developments. However, plenty of challenges remain. CCTV's Michal Bardavid filed this report.

More details:

  • Myanmar’s National Planning Act is targeting an economic growth of 9.3 percent for the fiscal year that began in April 2015. Many experts agree that it can indeed be achieved.
  • Approximately a quarter of the 53-million who live in Myanmar are still under the poverty line.