The World Bank has approved a US $400 million interest-free credit to support the Burmese government’s expansion of the national electricity grid.
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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.
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[…]
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[…]
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 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$31.5m World Bank program to boost communications infrastructure in Burma will be an e-government initiative. The program is designed to provide citizens and businesses with[…]
The World Bank Group is providing Burma with US$ 165 million in interest free loans and says it will support the construction of the country’s energy sector.
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[…]