March quake to drive 2.5% drop in Myanmar GDP, says World Bank

Myanmar's economy is set to shrink 2.5 percent in the 2025/26 financial year, largely as a result of March's devastating magnitude-7.7 earthquake, the World Bank said on Thursday. A World Bank report predicted GDP will contract 2.5 percent in the financial year ending in March 2026 "mostly due to earthquake impacts", with output $2 billion lower than it would have been without the disaster.

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