The International Monetary Fund (IMF) has revised upwards its estimate for Myanmar’s GDP growth for the year ending 31 March 2015 to 8.8%. The IMF’s original growth forecast was 7.7%. According to the IMF, GDP is expected to increase “despite inflationary pressure” brought about by increased foreign investment and improved gas and agricultural exports.

(Source: Myanmar Business Today, 23 June 2014)

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