Assessing the impact of COVID-19 on Myanmar’s Economy and the impact of falling remittances on poverty

ASSESSING THE IMPACT OF COVID-19 ON MYANMAR’S ECONOMY AND THE IMPACT OF FALLING REMITTANCES ON POVERTY

June 5, 2020

WEBINAR

June 11, 2020, 8:30 AM MMT (June 10, 2020, 10:00 PM EDT)

See seminar recap and presentation on IFPRI Myanmar>>


COVID-19 and the mitigation policies imposed to control the spread of the disease have resulted in unexpected shocks to Myanmar’s economy. When industries and businesses must suspend operations, such policies have the potential to create catastrophic direct impacts on economic sectors. Additionally, COVID-19 pandemic impacts the remittances that Myanmar households receive from domestic and international migrant workers. An in-depth assessment of these impacts is key to the design of policy interventions that can mitigate economic loss and support a sustained and robust recovery.

This virtual policy seminar will analyze the situation, focusing on the anticipated impact of COVID-19 on Myanmar’s economy and the impact of falling remittances on poverty. The speaker will also highlight actions crucial for Myanmar’s economic recovery and the support of remittance-receiving households.

The underlying work for this presentation was conducted by the Myanmar Agriculture Policy Support Activity (MAPSA) funded by the United States Agency for International Development (USAID) and the CGIAR Research Program on Policies, Institutions, and Markets (PIM).

Moderator: Matt Curtis, Feed the Future Coordinator, USAID Burma

Speaker: Xinshen Diao, Deputy Division Director, Development Strategy and Governance Division, IFPRI

Photo credit: MgSiThu/Shutterstock

Comments

  1. Alex Mupango says

    I am looking forward to the event as information that will be discussed although based on Myanmar applies to other third world countries like mine Zambia. I will definitely learn a lot from the event.

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