News Column

Myanmar to get 2 billion dollars in aid from World Bank

January 27, 2014

! Yangon , Rabi'I 26, 1435, Jan 27, 2014 , SPA -- Myanmar was to receive two billion dollars from the World Bank to support reforms, ahead of a Monday meeting between the bank's President Jim Yong Kim and Myanmar's reformist president, dpa quoted officials as saying. Kim, on his first visit to Myanmar , met in Naypyitaw with President Thein Sein , who has introduced sweeping reforms since coming to office in March 2011 . They have led to the lifting of most economic sanctions against the once-pariah state. "Our 2-billion-dollar multi-year programme will support the government's plans to deliver universal health care to citizens and to help everyone in the country gain access to electricity by 2030," Kim said Sunday when visiting a health clinic in Yangon . --SPA 10:38 LOCAL TIME 07:38 GMT All Rights Reversed for Saudi Press Agency Provided by Syndigate.info , an Albawaba.com company


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Saudi Press Agency (Saudi Arabia)


Story Tools