Challenges amid conflict Myanmar Economic Monitor June 2023 i The World Bank Public Disclosure AuthorizedPublic Disclosure AuthorizedPublic Disclosure AuthorizedPublic Disclosure AuthorizedChallenges amid conflict Myanmar Economic Monitor December 2023 i The World Bank MYANMAR ECONOMIC MONITOR: CHALLENGES AMID CONFLICT December 2023 Challenges amid conflict Myanmar Economic Monitor December 2023 ii The World Bank Preface and Acknowledgements The Myanmar Economic Monitor (MEM) is published semiannually and produced by the World Bank’s Myanmar office. This edition was prepared by a team comprising Kim Alan Edwards (Program Leader and Senior Economist, Task Team Leader), Kemoh Mansaray (Senior Economist, Task Team Leader), Thi Da Myint (Country Economist), Faya Hayati (Senior Economist), and Aka Kyaw Min Maw (Consultant). The MEM was developed under the guidance of Sebastian Eckardt (Practice Manager, Macroeconomics, Trade, and Investment) and Mariam J. Sherman (Country Director). The team is grateful for the close collaboration and inputs provided by Ildrim Valley (Public Sector Specialist), Pike Pike Aye (Public Sector Management Specialist), Sutirtha Sinha Roy (Economist), Smita Wagh (Senior Financial Sector Specialist), Nang Htay Htay (Financial Sector Specialist), Valens Mwumvaneza (Senior Agriculture Economist), Yashodhan Ghorpade (Senior Economist), Soonhwa Yi (Senior Economist), Tara Beteille (Senior Economist and Program Leader), Mateo Ambrosio Albala (Consultant), Nay Nwe Linn Maung (Consultant), Myoe Myint (Senior Energy Specialist), Joonkyung Seong (Senior Energy Specialist), Myint Kyaw (Operations Officer), Sadig Aliyev (Program Leader), Win Htein Lin (Consultant), Patrick Barron (Adviser), Khin Thida Maw (Country Officer, IFC) and Daisuke Fukuzawa (Economist). During the preparation of the MEM, the team discussed recent economic developments with several business associations and private firms and greatly appreciates their time and insights. The team benefitted from data shared by the Retailers’ Association. The team would like to thank Aiden Benedict Glendinning, Kyaw Soe Lynn, Mark Felsenthal, and the ECR team for their support and guidance on publication and outreach; Aye Me Me Tun, May Oo Mon, and May Zun Thiri Aung for excellent administrative support; Sai Nay Lin for data assistance and for excellent assistance in formatting and finalizing the report. The views expressed in the MEM are those of the authors and do not necessarily reflect the views of the World Bank Group, its Executive Directors, or the countries they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such bou...
