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  • July 24, 2014
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  1. News - Asia - MYANMAR

    Myanmar seeks IMF programme to aid reforms, clear debt

    Posted Jan 18th 2013, 11:12am by Reuters in Washington

    ... Reuters in Washington Myanmar is seeking a one-year, IMF-monitored programme to help it craft economic policies, pursue reforms and clear its debt arrears, according to International ... Gas exports are set to peak next year-15, it added. But the IMF said its analysis suggested Myanmar is in “debt distress” because of arrears. It said the Paris Club of creditor nations had ...

  2. News - Asia - MYANMAR

    Japan minister pledges Myanmar debt relief, loans

    Posted Jan 04th 2013, 11:26am by AFP

    ... Agence France-Presse in Naypyidaw Japan’s new government will stand by pledges to waive Myanmar debt and extend new loans, its finance minister said on Thursday on a visit to boost economic ties with the former army-ruled nation. Taro Aso also agreed to consider Japan’s involvement in the planned multi-billion dollar Dawei deep-sea port in a meeting with reformist President ...

  3. News - Asia - MYANMAR

    World Bank grants US$245m in aid for Myanmar

    Posted Nov 02nd 2012, 03:25pm by Reuters in Washington

    ... and the Pacific, said another US$165 million will be made available to Myanmar once the country has cleared its overdue debt to Bank, whi ch totals roughly US$400 million. Talks on how the US$165 million ... for talks with Myanmar on a possible staff-monitored program. The programme will not include funding but will help Myanmar’s efforts to deal with its debts to the Paris Club of creditors. After five ...

  4. News - Asia - MYANMAR

    Japan vows to resume loans to Myanmar, calls for more support

    Posted Oct 11th 2012, 05:25pm by Agence France-Presse in Tokyo

    ... on the sidelines of the IMF and World Bank’s annual meetings in Tokyo. Reports last month said lenders would pledge US$1.0 billion for Myanmar to help pay its debts as the former military state ...

  5. News - Asia - MYANMAR

    Myanmar becomes a land of opportunity with political reform

    Posted Apr 03rd 2013, 12:00am by Charlotte So

    ... for the average worker to buy a house in the city, home to six million people, because banks in Myanmar are banned from providing mortgages in the wake of a bad-debt crisis that hit its banking system ...



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