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Myanmar's economy faces a 1% contraction due to floods, conflict, and currency issues, displacing millions.
Myanmar's economy is forecast to shrink by 1% this fiscal year, due to severe flooding, ongoing conflict, and currency depreciation.
The flooding, caused by heavy rains and Typhoon Yagi, left 2 million people homeless, while conflict between the military and opposition forces has disrupted farming and manufacturing.
The UN estimates that 3.5 million people have been displaced.
The World Bank warns that the situation could worsen if fighting intensifies.
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La economía de Myanmar se enfrenta a una contracción del 1% debido a inundaciones, conflictos y problemas monetarios, desplazando a millones de personas.