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Economy / Myanmar

Myanmar

May 2012 | Ratings Update

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Suu Kyi and her fellow National League For Democracy (NLD) members that were elected to parliament in recent by-elections agreed to be sworn in on May 2, ending a stand-off over the wording of the oath of office which the NLD eventually conceded. The accession of the NLD to parliament marks considerable progress from 1990, when the party won general elections in a landslide but was prevented from taking office by the then-ruling military junta. However, with control of just 8% of the total seats in parliament, the NLD will be hard pressed to materially affect policy until at least