Economic Conditions To Remain Dire

March 2008
Asia Monitor: South East Asia Monitor Volume 1;Mar2008, Vol. 19 Issue 3, p1
Country Report
The article presents projections on the economy in Myanmar. It states that the State Peace and Development Council (SPDC) regime will remain relying on hydrocarbon exports for its economic survival. The gross domestic product (GDP) per capita will increase to U.S.$253 by 2012 from U.S.$239 in 2007. It expects foreign investment to be forthcoming in hydropower, oil and gas extraction.


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