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World Bank Blundering through Burma
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.
World Bank pledges $2bn development aid to Burma
World Bank President Jim Yong Kim announces a $2 billion development aid package to Burma for projects such as healthcare and energy supply.
World Bank lauds Burma’s growth, but warns against inflation
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.
World Bank approves US$140 million electricity loan for Burma
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.
Parliament approves plan to accept US$260 million loan from World Bank
The 40-year loan – at a fixed 0.75 percent interest rate – would be used to develop the communications sector and to improve schools.
World Bank to assist Burma’s energy sector
The World Bank Group is providing Burma with US$ 165 million in interest free loans and says it will support the construction of the...
