Burma had the one of the best-performing economies in Southeast Asia before the military seized power in 1962. Many years of state control over the economy followed. Widespread corruption and international sanctions left it one of the poorest countries in the area.
All International Headlines Concerning Myanmar (Burma) Issues Shall Be Seen All-in-One Here In Hotline Myanmar
Saturday, 15 December 2012
Banking Reform Is Central to Burma’s Economic Progress
From VOA Learning English, this is the Economics Report in Special English.
Burma's financial industry has suffered from years of mismanagement
under military rule. But more recently, the government has pushed
through economic reforms. Those measures are changing the nation’s banks
and reenergizing businesses. There are even hopes that Burma could
become one of Asia’s fast growing economies: an Asian Tiger.
Burma had the one of the best-performing economies in Southeast Asia before the military seized power in 1962. Many years of state control over the economy followed. Widespread corruption and international sanctions left it one of the poorest countries in the area.
Burma had the one of the best-performing economies in Southeast Asia before the military seized power in 1962. Many years of state control over the economy followed. Widespread corruption and international sanctions left it one of the poorest countries in the area.
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