Business Lead Story Natural Disasters News Trade
The World Bank’s prediction that the Burmese economy would grow at some 8.2 percent this year has been slashed in the latest ‘Myanmar Economic Report’.
Business Development Lead Story News
The World Bank has approved a US $400 million interest-free credit to support the Burmese government’s expansion of the national electricity grid.
Development Lead Story News Trade
The World Bank on Thursday announced a new funding package for Burma, in it’s first full framework for the country since 1984.
Interview International Lead Story News Video
DVB Interview International’s Alex Bookbinder sits down with Burma chief Abdoulaye Seck, to discuss how the World Bank has progressed since its 2012 reengagement with the Burmese government.
Business Development Lead Story News
The price of rice in Burma has increased by 41 percent in four years, much higher than rivals Thailand and Cambodia. This has led to a decrease in Burmese rice exports and food security at home.
The World Bank has called for reforms in the sectors of land and skilled workers, as well as the upgrade of electricity, as prime motivators in attracting investment and financial[…]
The World Bank will loan Burma US$100 million for the Myanmar Essential Health Services Access Project, which will cater to maternal and child health care. Earlier in January, the World[…]
Aid Development Education Lead Story News
The World Bank and Australia have pledged US$100 million in assistance to improve education for millions of Burmese students.
The World Bank estimates Burma’s economic growth rate at 8.5 percent for 2014 and 2015, a figure higher than any other nation it surveyed, including China.
The World Bank has pledged to cooperate with the Department of Water Resources in Burma and loan US$100 million to develop the Irrawaddy river basin. The project also aims to[…]
In a report on East Asian countries’ economies released on Monday, the World Bank estimated Burma’s growth rate at 8.5 percent for 2014 and 2015, a figure higher than any[…]
Interview Interview International Lead Story News Video
Kanthan Shankar, the country manager for the World Bank in Burma, talks to DVB Interview International about current World Bank and IFC projects in the country.
Burma’s parliament has opted to shelve a proposal by the Ministry of Agriculture to accept a US$163m loan from the World Bank and the UN’s International Fund for Agricultural Development,[…]
The World Bank has announced it will provide US$100 million to expand the Burmese Ministry of Education’s School Grants and School Stipends Programme.
Analysis Contributor Development Lead Story News
The World Bank is revealing how little it knows—or is willing to admit—about Burma’s agricultural sector, writes Rachel Wagley of US Campaign for Burma.
The International Finance Corporation (IFC), a branch of the World Bank, has pledged a loan of US$80 million to subsidiaries of Shangri-La Asia Ltd to expand operations in Burma. A[…]
Included in a previously reported US$31.5m World Bank program to boost communications infrastructure in Burma will be an e-government initiative. The program is designed to provide citizens and businesses with[…]
Business Development Lead Story News
World Bank President Jim Yong Kim announces a $2 billion development aid package to Burma for projects such as healthcare and energy supply.
The World Bank says that Burma’s economy is projected to grow at 6.8 percent in 2013/14, rising to 6.9 percent in the medium term. However, it raised concerns about the country’s inflation which hit 7.3 percent in August.
The World Bank on Tuesday approved a US$140 million interest-free loan to boost electricity access in Burma, where over 70 percent of the population live in darkness.
The 40-year loan – at a fixed 0.75 percent interest rate – would be used to develop the communications sector and to improve schools.
The World Bank Group is providing Burma with US$ 165 million in interest free loans and says it will support the construction of the country’s energy sector.
Civil society groups have urged the World Bank to exercise caution before pressing ahead with their plans to pump millions into community projects in conflict-torn border regions or risk “exacerbating” local problems
Meeting of board of directors concludes that engagement will resume but orders Burma to first repay millions of dollars in debt
Civil society must be at forefront of country’s development, Human Rights Watch says prior to key World Bank meeting on Burma
International lenders get the nod from Hillary Clinton to return to Burma after a two-decade absence as reward for reforms
Jul 9, 2008 (DVB), The World Bank does not have any plans to provide the military regime in Burma with financial assistance, according to Dr Win Naing, a member of[…]
May 22, 2008 (DVB), Burmese economist Zaw Oo says the reason the World Bank will not provide Burma with financial assistance is simply because Burma has violated the rules and[…]
On the evening of Feb 25, security forces forcibly cracked down on the residents in Tamwe Township, Yangon, while the residents were protesting against the newly appointed ward administrator by[…]
