Cover of The Report: Myanmar 2016

The Report: Myanmar 2016

Many have hailed Myanmar’s recent economic, political and social restructuring as ground breaking, and for good reason. In a relatively short period the country’s economy has gone from being largely isolated to being a focal point for foreign investment.

While major strides need to be taken to promote inclusive growth, critical developments across the country’s economy continue to heighten investor appetite. This was given a significant boost with the victory of Daw Aung San Suu Kyi’s National League for Democracy (NLD) over the ruling Union Solidarity and Development Party (USDP) in the November 2015 national elections. The NLD is expected to build upon efforts taken by outgoing President U Thein Sein to improve transparency, promote peace and increase spending on health and education, which have to some degree alleviated the strain left behind by decades of military rule. With the incoming NLD administration expected to prioritise inclusive growth, the outlook for all segments of Myanmar’s population is looking significantly more positive.

OBG & Myanmar