Violence in Myanmar could hamper growth – World Bank

Investor confidence is being damaged by sustained conflict, despite robust growth

myanmar-web
Myanmar: escalating violence in the north of the country since 2017

Continuous internal conflict is challenging Myanmar’s long-term economic prospects, according to an official from the World Bank.

Gevorg Sargsyan, the World Bank’s acting country director for Myanmar, said that despite strong growth over the past three years, instability in the country was harming investor sentiment.

“Urgent actions are needed to address sources of conflict, improve social inclusion, and foster a diversified and responsible private sector to sustain economic performance, and

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