2025 Prescriptions for Myanmar
I doubt anyone with a basic understanding of economics would dispute negative economic growth for this calendar year. We cannot simply take the official accounts and take the balance of trade surplus as an accurate indicator of the economy. With severe restrictions on imports, this current account is always likely to be in surplus. Yet imports continued to flow in like a tidal wave across a large number of porous borders. Without considering these unofficial statistics, we will not be able to judge the economy correctly and we would be misinterpreting the economic signals on most fronts.
