Myanmar economy to shrink by which of the following percent in 2020-21?

July 27, 2021

When the Raising Day of Central Reserve Police Force is observed?

Myanmar economy to shrink by which of the following percent in 2020-21?

A. 6%

B. 12%

C. 18%

D. 24%

Explanation:

The economy of Myanmar is predicted to shrink by 18 percent in the fiscal year between October 2020 to September 2021, amid the ongoing political unrest. The political turmoil and the rapidly rising third wave of COVID 19 is seriously impacting the economy already weakened by the pandemic of 2020.