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IMF praises Myanmar's reform efforts

The International Monetary Fund praised Myanmar's economic reform efforts Tuesday, saying it had met key targets for strengthening its finances and reforming management.
It said the economic outlook for the Asian country is good, forecasting growth in fiscal 2013-2014 to rise to 7.5 percent and near 7.8 percent the following year.
But it warned of the need to get inflation under control and to build up foreign reserves. -- AFP

Published: 12:00 am Thursday, January 23, 2014

Last modified: 8:42 pm Thursday, January 23, 2014

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