Myanmar Government to Re-Open Schools, Revive Economy and Support Currency to Overcome ‘Triple Crisis Situations’ of Pandemic, Economic Slowdown and Issues of National Stability
Nay Pyi Taw, Oct 19, 2021 - (ACN Newswire via SEAPRWire.com) - The Myanmar Government announced today it would reopen schools from next month and take urgent measures to support its currency and accelerate economic recovery so as to restore national stability quickly amid an unprecedented 'triple crisis' situation in the country.Myanmar is facing crises of pandemic infection, economic slowdown and national stability at the same time, a situation not shared by any other country in ASEAN or even Asia. Hence, even as the country pursues recovery, it looks forward to support from the international community, the Government said in a statement.COVID-19 UpdateBased on latest data from the Ministry of Health, as of 16 October 2021 Myanmar had recorded 486,851 COVID-19 cases and 18,329 fatalities deaths (most of whom were aged 45 to 75) since the first confirmed case of infection on 23 March 2020. Currently, the daily average COVID-19 positivity rate in Myanmar is 7.7%, which is lower than that of some ASEAN countries.The first wave of the pandemic started in March 2020 and the second in August 2020. In the third wave that started in May 2021, a high incidence of the Delta variant has been...
