Topic - Pamela Cox

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  • World Bank set to help Myanmar

    The World Bank announced Wednesday it is prepared to resume assistance to Myanmar after 25 years, saying it is ready to provide $85 million in grants for development while also helping to clear almost $400 million in arrears from old loans.

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  • She said they could begin by October if the bank's board approves.

    World Bank set to help Myanmar →

  • She said clearing the $397 million in arrears -- which would be done through a loan covering interest that has not been paid since 1997-- would not be accomplished until January, but if the board agrees the grants could be given before then.

    World Bank set to help Myanmar →

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