Myanmar, once a promising economy in Southeast Asia, is now grappling with a severe poverty crisis as a devastating civil war pushes millions further into destitution, according to a recent United Nations report. Nearly half of Myanmar's 54 million population is living below the poverty line, with 49.7% surviving on less than 76 US cents a day, a figure that has doubled since 2017.
Following the military coup in 2021, the economic situation in Myanmar has rapidly deteriorated, risking the extinction of the middle class and forcing families to cut back on essential needs like food, health, and education due to soaring inflation.