The Myanmar Economic Monitor (MEM)periodically takes stock of economic developmentsanddiscusses economic prospects and policy priorities inMyanmar. The MEM draws on available datareported by theGovernment of Myanmar and additional information collectedas part of the WorldBank Group’s regular economic monitoringand policy dialogue. The government has carefully navigateda difficult economic and security environment in its firstsix months in office. In early April 2016, the economy wasstill recovering from a flood induced supply shock, which,together with low commodity prices, contributed to wideningcurrent account and fiscal deficits. In response thegovernment has taken steps to try and maintain fiscalprudence, which have helped ease pressure on monetary growthand import demand.
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