According to the World Bank, Myanmar’s economic recovery continues to be hindered by a shortage of FX, import restrictions, and power outages. Many businesses are struggling to obtain foreign exchange, secure trade licenses, import raw materials, and adapt to logistics constraints. Despite this, there have been signs of stabilization in H1 2023, including a stable market exchange rate, decreasing inflation, and an upward trend in many economic indicators. Nevertheless, the central bank’s fixed exchange regime has led to open market rates for USD being 25-30% higher than the official rate, which has been detrimental to businesses.