The NLD took office with an economy that has grown steadily in the last few years, with average annual growth rates of around 7% - the fastest in the region. Since then growth continues to remain strong, much of it driven by the agricultural sector, but the recent (probably temporary) bans on pulse imports by India threatens growth in the short-term. Under the NLD government, inflation has declined to around 5% (partly due to declines in the monetization of the deficit), budget deficits have declined, and the current account deficit has stabilised. The NLD government, in 2018, finally released a draft of a comprehensive policy program - Sustainable Development Plan - that when finalised will include comprehensive policies to back up its 12-point economic plan, launched before the election.
|Title of host publication||The Far East and Australasia 2019|
|Place of Publication||Abigndon ; New York|
|Publication status||Published - 2018|
|Name||The Far East and Australasia|