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Myanmar economy to be severely tested, growth projected at 1 pc: World Bank

Yangon [Myanmar], January 27 (ANI): Myanmar’s economy will be severely tested by the ongoing impacts of the military coup and the surge in COVID-19 cases in 2021, the World Bank said in its latest report.
The World Bank’s Myanmar Economic Monitor, released earlier this week, projects growth of 1 per cent in the year to September 2022. This comes following an expected 18 per cent contraction of the economy in the year Sept