Myanmar aims to borrow USD 1 billion for vaccines

The Myanmar government is requesting a total of roughly USD 1 billion in loans to buy its first COVID-19 vaccines. It has petitioned the World Bank, IMF, ADB and JICA, U Tun Tun Naing, permanent secretary of the Ministry of Planning, Finance and Indu
Rural development Loan proposed by Ministry of Agriculture

Ministry of Agriculture proposes loan for rural development

The Myanmar government is weighing a potential loan of USD 185 from the Asian Development Bank (ADB). The loan is aimed to be used for wide-ranging rural development initiatives. U Hla Kyaw, deputy minister for the Ministry of Agriculture, Livestock
Myanmar foreign debt

Myanmar foreign debt now totals US$10.2 billion

Myanmar ended the 2017-2018 fiscal year with US$10.2 billion in foreign debt, the Joint Public Accounts Committee reported to the Union Parliament. That is an 11.5% rise from the previous fiscal year. According to the committee, China is Myanmar̵