TAG: Myanmar
Although lacking the capital buffers and advanced medical infrastructure of the more developed economies in Asia, Myanmar has so successfully limited the spread of Covid-19 through integrated fiscal, monetary, social and health policy efforts.
Construction – and infrastructure development in particular – is expected to be a key driver of economic growth across ASEAN from 2021. The bloc, home to some of the world’s fastest-growing economies and lowest unemployment rates, faced the novel coronavirus after years of health care infrastructure improvements, with much of the group reporting Covid-19 case-fatality rates below the global mean in 2020.