Saturday, February 18, 2012

World Bank returns to Burma after 25 years

17 February 2012
The World Bank is set to re-engage with Burma 25 years after freezing 
its lending, but the Southeast Asian country must first repay several 
hundred million dollars in outstanding arrears.
The announcement came as the global financial institution held a board 
of directors meeting on the future of the country yesterday and is the 
latest sign that the international community is ready to welcome 
Burma back in from the cold.

No comments:

Post a Comment