Recovery of Myanmar's economy
Myanmar’s economy is expected to recover after suffering floods that wreak havoc on its agricultural sector by improving its monetary and fiscal policy. But as the country continues to face hurdles towards economic growth, it also reflects poor performance in other areas such as weak enforcement of property rights and puny rule of law. With this, its economic global ranking plunges to 158th, garnering 48.7 points in last year’s Economic Freedom Score.
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