An aging population in Burma is adding urgency to the need for sustained political and economic reforms if the country is to realize its economic potential in the coming decades, a report by the Organization for Economic Cooperation and Development (OECD) warned on Thursday. Demographically, Burma’s people will grow older sooner than regional neighbors with similar income levels, the data suggest. “This means that time is of the essence: if the momentum for development is not seized now, Myanmar risks getting old before the incomes and living standards of its people can significantly improve,” the report stated.
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