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The Myanmar Government sets growth targets of 6% for the 2021 fiscal year. Farming, Industrial, and Services sectors are expected to have growth. Sectors such as Manufacturing especially garment, have suffered in 2020 with thousands being laid off. SMEs have also taken a huge hit in 2020 with many suffering losses or completely closing.
Economists stated that it is good for the Myanmar government to focus more on agriculture with so many people losing jobs.
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