MYANMAR ECONOMIC MONITOR: A fragile recovery: Special focus on employment, incomes and coping mechanisms_June 2023

Following the significant volatility that characterized much of 2022, economic conditions in Myanmar have shown tentative signs of stabilization in the first half of 2023. However, several factors continue to constrain the recovery. In addition, exporters are facing challenges from a combination of waning external demand, an overvalued official exchange rate, and foreign exchange conversion requirements. The Myanmar Economic Monitor (MEM) is published semiannually and produced by the World Bank’s Myanmar office.