Burma Economic Prospect

This is my note of Burma's Economic Prospects, an article by Burma Economic Watch

1) Claimed Annual GDP
From 1999 (10.9%) to 2005 (1.2%), Burmese GDP Growth increases at over 10%.

However,

1) There is no published national accout statistics. Plus, the official statistics are unreliable (deliberately misleading).
2) According to Asian Development Bank, electricity usage in Burma fell by 3.4 percent from 2004 to 2005. (output of cement fell by 8.5%, or output of sugar also fell by 2%)
3) Less reliance on agriculture, greater reliance on industry, and even the emergence of services have been seen.

2) Composition of Exports (kyat millions)
Gas that is mostly from Yanada and Yetagun fields, is No.1 profitable export from 2002 (4,247) to 2005 (3,461). Gas sector is collecting investment most too (US$142,6 million in 2005).
Then, timber from 1,880 to 810. Thirdly, Pulses from 1,898 to 503. Garments, shirimp, Metal, Rice are followed. Ruber is the last from 76 to 61.

3) Agriculture
According to UNDP (2003), "57 per cent of Burma's GDP and engages over 70 per cent of its labour force." "Critical inputs such as fertiliser are unavailable to most farmers at prices they can affrod, and over 80 per cent of Burma's land under cultivation lacks irrigation of any form." Inexplicably, the private banks are forbidden to lend for farming."