Trapped in an economic mess of its own making, Myanmar’s military regime is seeking to recoup drops in revenue through new tax measures – with seemingly limited success so far.
Under sanctions and desperate for hard currency, the military regime is forcing Myanmar workers abroad to remit earnings through formal channels, with some warning it will only push more migrants to become undocumented.
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The recent visit by Prime Minister Narendra Modi and the trip to India in July by the Tatmadaw chief are part of a strategy by New Delhi to counter China’s influence in Myanmar.