Myanmar's Economy Faces Severe Decline Amid Ongoing Civil Conflict

World Bank reports triple-digit inflation, widespread poverty, and stagnant growth as the country struggles with violence and trade disruptions.

Inflation has surged to over 200% in some conflict-affected regions, exacerbating food insecurity.
Nearly one-third of Myanmar's population now lives in poverty, the highest rate in six years.
The economy grew by only 1% last year, with similar growth expected this fiscal year.
Trade routes have been severely disrupted, with significant drops in both imports and exports.
Labor shortages and power outages are further hindering economic recovery.