Oct 11, 2012

International community agrees on helping Myanmar

The international community has agreed to help Myanmar at a meeting held in Tokyo on Thursday, one day before the annual meeting of the International Monetary Fund ( IMF) and World Bank.

Many of the leaders from 26 countries and five international organizations, including the IMF, World Bank and Asian Development Bank (ADB), welcomed Myanmar's national reconciliation and economic reforms, and expressed willingness to support Myanmar in stepping up infrastructure construction and cleaning debt arrears.

Myanmar's Finance and Revenue Minister U Win Shein gave a brief account of the country's mid-term development strategy, saying Myanmar is committed to working closely with the World Bank, IMF and ADB.

World Bank President Dr. Jim Yong Kim said the World Bank hopes the international community would move forward very soon to help the people in Myanmar in the fields of health, education and infrastructure, apart from aiding the country in boosting its private sector.

Source: Xinhua