Vise tightening on Myanmar's economy 3 years after military takeover triggered civil strife
by Elaine Kurtenbach
Jan 31, 2024
3 minutes
Myanmar was a rising star in Southeast Asia before its military seized power three years ago in a takeover that has brought civil strife and a tightening vise of international sanctions, undoing years of progress and leaving the economy 10% smaller than it was in 2019.
Economists say the generals who toppled Aung San Suu Kyi’s elected government on Feb. 1, 2021, increasingly rely on illicit revenues from gem mining and logging to fund their battles
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