Myanmar, the Southeast Asian country carries a lively fresh air of the exotic stronger among its neighbours. It’s a colourful land, enriched red earth gives life to aquamarine crops and lighting up the landscape.
Myanmar is maintaining relatively strong growth with accordance to global and regional standards, but its volatile economic situation is experiencing a steep escalated momentum due to the current significant uncertainty, risks at its homeland and the and criticism from abroad. Real GDP is projected to 6.2 percent in the fiscal year 2018/19, a significant decrease of 0.6 percent from 6.8 percent in 2017/18.
Sadly, Myanmar came up with a face of murdering, accusing, torturing and target killing of the minorities. Rohingya Muslims represent the largest percentage of Muslims in Myanmar, with the majority living in Rakhine state, and were affected the most who were victimized by the military offensive in Rakhine, which provoked the exodus.
There are certain major challenges that will ruin Myanmar’s future development plans. Environment, food security, education, diplomatic relations, and military influence, these all will carry Myanmar’s current situation to remain in a transitional state with uncertain future.
