The World Bank predicts Myanmar's economy to grow by 1 percent, with GDP stagnating due to conscription laws chasing away workers. The military regime in Myanmar has resorted to forcibly recruiting Rohingya minority members for the army amid a brutal civil war against rebel forces, leading to deepening poverty and stagnant economic growth.
Myanmar poverty deepens, economic growth stagnant, World Bank says https://t.co/kLFdYOppPO
The Myanmar regime is forcibly recruiting members of the Rohingya minority for its army to fight in the brutal civil war against rebel forces. https://t.co/IGeD70QqOS
The #Junta forces in Myanmar have seen a notable decrease, estimated at 150,000 in early 2021, possibly dwindling to 130,000 by late 2023. In response, the military has brought in a conscription law for compulsory military services: @Sreeparna_b17 https://t.co/5vBp6W9e9u
The World Bank predicts Myanmar's economy to grow by a "feeble" 1 percent this fiscal year, but even that seems optimistic in the current circumstances. https://t.co/IXApWJUJHj https://t.co/FIBRKPYGkt
Updated: Myanmar GDP to stagnate as conscription chases away workers: World Bank Economic size remains smaller than when military ousted Suu Kyi's government https://t.co/3NoFZNt0A3 https://t.co/TqOCqg1LkT