"Global media coverage has not been easy on Myanmar. The refugee crisis in northwestern Rakhine sparked a firestorm of international criticism that has only been intensified by allegations of ethnic cleansing. A barrage of punitive actions followed, though most were targeted at the Tatmadaw, the Myanmar military, and have not yet resulted in drastic, direct impact on the population at large. Still, serious contemplation was given to imposing broader economic restrictions, in particular the withdrawal of general scheme of preferences benefits by the European Union (EU). Myanmar’s tarnished images also brought about a decline in tourist arrivals, notably from Western countries. Foreign investors, fearing economic sanctions and reputational risk, have hesitated to bring in more capital. Coupled with public dissatisfaction over the pace of economic reforms and a period of exchange rate volatility, the country’s growth forecast has decreased to 6.2 percent in the 2018/2019 fiscal year, from the 6.8 percent growth experienced in the 2017/2018 fiscal year..."