COVID-19 Economic Relief Plan.

This Myanmar COVID-19 Economic Relief Plan (CERP) seeks to mitigate the inevitable economic impact posed by COVID-19 while establishing foundations that will facilitate Myanmar’s rapid economic recovery. The CERP consists of 7 Goals, 10 Strategies, 36 Action Plans and 78 Actions, covering a broad range of extraordinary fiscal measures, combined with a set of policy responses.
The goals of the CERP are: 1.improve macroeconomic environment through monetary stimulus; 2. ease the impact on the private sector through improvements to investment, trade and banking sectors; 3. easing the impact on labourers & workers; 4. easing the impact on households; 5. promoting innovative products & platforms; 6. healthcare systems strengthening; 7. increase access to covid-19 response financing (including contingency funds).