However, due to high exposure to natural hazards and slow growth in some sectors, its GDP was projected to slow down in the future (yet another estimate by the World Bank projects the country‟s economy recovering to 7.2%118 in the fiscal year 2020-2021 if the corona virus is brought under control, else the country‟s economy could contract by 2.5% or slide down further more if the Corona Virus protracted). However, as per the Disaster Risk Finance Country Diagnostic Note: Myanmar119, Myanmar‟s economic and social vulnerability to natural disasters is the highest in the ASEAN region (Association of Southeast Asian Nations), and its impact on the national GDP is equivalent to 0.9%.