BUSINESS – Burma’s growth rate set to hit 8.5 percent: World Bank

In a report on East Asian countries’ economies released on Monday, the World Bank estimated Burma’s growth rate at 8.5 percent for 2014 and 2015, a figure higher than any other nation it surveyed, including China. The World Bank this year recommenced lending to the Burmese government, and in January it pledged US$2 billion in development aid to the country for projects such as healthcare and energy supply.