"Although officially recorded cases of COVID-19 in Myanmar remain low, the social and economic effects could be significant, given the externally IMF emergency financing of $356.5 million, along with external financing, the Debt Service Suspension Initiative, and continued capacity development, are alleviating the impact of COVID-19, while establishing the roots for more sustained and inclusive growth. The government’s COVID-19 Economic Relief Plan aims at minimizing the pandemic’s impact by stimulating the economy and boosting spending on health and social safety nets. Six charts tell the story of Myanmar’s economy during the early months of the COVID-19 crisis:oriented economy, uneven social safety nets, and the fragile healthcare system. Compared to other countries in the region, Myanmar’s COVID-19 outbreak appears to be limited. The country reports about 300 confirmed cases despite its large population of 54 million, possibly reflecting limited testing capacity. The authorities implemented strict containment measures well before the case count picked up, including travel restrictions, closure of land borders, and bans on mass public gatherings, helping to flatten the curve of infections. The COVID-19 shock has affected the economy’s key growth engines. Myanmar has seen a sharp decline in exports, remittances, and tourist arrivals. At the same time, domestic economic activity has been constrained by measures taken to control the spread of the virus. Such disruptions have affected households and businesses, including in agriculture, which comprises a fifth of the economy and over half of employment. Furthermore, nearly four out of five workers in Myanmar are employed in the informal sector, with limited access to social safety nets. There is high uncertainty around growth in the short term, also reflecting the intensity and duration of containment measures, and the evolution of external conditions..."