Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/dh_ndki7k/corecommunique.com/wp-includes/functions.php on line 6170

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the basic domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/dh_ndki7k/corecommunique.com/wp-includes/functions.php on line 6170

Deprecated: Function WP_Dependencies->add_data() was called with an argument that is deprecated since version 6.9.0! IE conditional comments are ignored by all supported browsers. in /home/dh_ndki7k/corecommunique.com/wp-includes/functions.php on line 6170
IMF Managing Director Christine Lagarde Meets Vice President Nyan Tun and Senior Officials in Myanmar - Core Sector Communique

IMF Managing Director Christine Lagarde Meets Vice President Nyan Tun and Senior Officials in Myanmar

imfDecember 7, 2013

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), today made the following statement in Yangon at the conclusion of her visit to Myanmar:

“I would like to express my sincere gratitude to the Myanmar authorities and the people of Myanmar for welcoming me during my first visit to this fascinating country. I had productive discussions with Vice President Nyan Tun, Finance Minister Win Shein and Central Bank Governor Kyaw Kyaw Maung, as well as other senior officials. I also had the privilege to meet with Daw Aung San Suu Kyi.

“Myanmar today is undergoing a great opening, taking its rightful place in the heart of Asia, the most dynamic and innovative hub of the global economy. It is building macroeconomic stability and undertaking the reforms needed for sustaining economic and social prosperity.

“This comes from the recent reforms undertaken by the government, including adopting a managed floating exchange rate and removing exchange restrictions; establishing an autonomous central bank; and significantly increasing spending on health and education. The next step is to build on these gains and take the path of sustained, strong, and inclusive growth—to lower poverty and lift the prospects of everyone in Myanmar.

“In a town hall meeting at Yangon Institute of Economics today, I will meet with students and discuss the importance of investing in the future, including all in development, and integrating into the regional and global economy.

“In the last year, IMF has consulted closely with the authorities on creating the conditions necessary to ensure macroeconomic and debt sustainability. The IMF will continue to stand with Myanmar through policy advice and through enhanced technical assistance and training, to help the people of Myanmar strengthen their capacity and build the strong institutions needed to sustain a vibrant economy in the years to come.

“Throughout my Asia trip this week, one of the key issues of discussion has been the economic potential of women. At the Myanmar Women’s Forum, which I attended today, I stressed the significant macroeconomic benefits that can result from greater participation of women in the economy, including in Myanmar.

“Again, I wish to thank the authorities and the people of Myanmar for their gracious hospitality. We are a long-term partner and look forward to supporting Myanmar’s bold and exciting transition.”

➤