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250 delegates from all over the world attend Myanmar's first banking
2013-08-09

Since 2011, Myanmar has achieved progress in its financial industry. It managed to reduce 50% of its 10 billion US dollar accumulated foreign debt, established a floating exchange rate, and liberalized its single insurance market. But more concerns are still ahead, many of which were discussed at Myanmar's very first banking and finance summit.


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The voltage throughout Myanmar is 220-230 Volts AC. Most of the international class hotels in Yangon have their own generators. However in other places, voltage varies greatly and power often goes out. Valuable or... ... More

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COUNTRY SNAPSHOT
GDP 2010 USD 45.4 B
GDP 2012 USD 54.0 B
Inflation 9.13 %
Unemployment Approx. 35%
GDP growth 2011 5.5 %
FDI 2011 USD 1.05 B
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