Prices of staples like rice and palm oil have almost doubled or tripled since last year’s coup.
Myanmar’s annual GDP contracted by 18% in 2021, dropping to its lowest level since 1962.
The economy shrank 18% and shed more than 1.5 million jobs in 2021 as investors flee and the financial system teeters amid war and economic mismanagement.
Beijing is concerned about the rise in anti-China sentiment in Myanmar since the coup.
The International community must find new ways of providing aid to the ever-increasing number of people falling into poverty under military rule.