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Political transition, floods hampering Myanmar's growth: World Bank

Wed, Jun 01, 2016 - 5:50 AM

Short-term exchange rate pressures and rising inflation also weighing on growth.

PHOTO: AFP

Yangon

MYANMAR'S growth rate, once one of the world's most impressive, has dipped following heavy floods and an investment slowdown sparked by uncertainty over its political transition, the World Bank said on Tuesday.

A civilian government led by veteran democracy campaigner Aung...

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