US gives USD 16.5 million in COVID-19 assistance
With a recent USD 3 million round of aid, the United States has brought its COVID-19 support for Myanmar to USD 16.5 million. The funds will mainly go towards Myanmar’s healthcare response to the pandemic, which the U.S. State Department and US
Foreign pandemic loans top USD 2.5 billion
It appears a new round of foreign loans have helped the COVID-19 Economic Relief Plan, or CERP, reach its massive price tag. A new round of parliament-approved financing from Japan and the International Monetary Fund have put the total value of forei
Pandemic aid focuses on SMEs
The Japan International Cooperation Agency (JICA) has announced that it will provide USD 46 million in soft loans for small and medium enterprises (SMEs) suffering from the COVID-19 economic fallout. The money adds to a growing bloc of foreign assist
Foreign COVID-19 aid flows
Several countries have pledged loans and aid to support Myanmar’s pandemic-stricken economy as well as its short term healthcare needs. This week, the World Bank announced a new Country Partnership Framework that aims to help Myanmar recover fr
